INSPECS Group (LON:SPEC) Posts Earnings Results

INSPECS Group (LON:SPEC) posted its quarterly earnings data on Wednesday. The company reported GBX 7.28 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of £191.70 million during the quarter. INSPECS Group had a negative return on equity of 8.73% and a negative net margin of 4.25%.

INSPECS Group Stock Up 1.8%

Shares of INSPECS Group stock traded up GBX 1.50 during trading on Wednesday, reaching GBX 85. The company’s stock had a trading volume of 30,001 shares, compared to its average volume of 737,541. The company has a quick ratio of 0.89, a current ratio of 1.49 and a debt-to-equity ratio of 65.81. The company has a market cap of £86.42 million, a price-to-earnings ratio of -10.55 and a beta of 1.67. INSPECS Group has a 1-year low of GBX 38.05 and a 1-year high of GBX 87. The company has a 50-day simple moving average of GBX 82.94 and a two-hundred day simple moving average of GBX 75.41.

About INSPECS Group

Inspecs is a designer, manufacturer and distributor of eyewear frames. The Group produces a broad range of frames, covering optical, sunglasses and safety, which are either “Branded” (either under licence or under the Group’s own proprietary brands), or “OEM” (including private label on behalf of retail customers and un-branded). As one of only a few companies that can offer this one-stop-shop solution to global retail chains, Inspecs is well positioned to continue to take market share in the globally expanding eyewear market.

Inspecs customers include global optical and non-optical retailers, global distributors and independent opticians, with its distribution network covering over 80 countries and reaching approximately 30,000 points of sale.