INSPECS Group (LON:SPEC) Posts Quarterly Earnings Results

INSPECS Group (LON:SPEC) announced its earnings results on Thursday. The company reported GBX (0.13) earnings per share (EPS) for the quarter, Digital Look Earnings reports. INSPECS Group had a negative return on equity of 6.07% and a negative net margin of 2.67%.

INSPECS Group Stock Up 4.2%

SPEC stock opened at GBX 100 on Thursday. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 74.99. The firm has a 50-day moving average of GBX 95.36 and a two-hundred day moving average of GBX 88.48. The company has a market cap of £109.17 million, a price-to-earnings ratio of -10.64 and a beta of 1.60. INSPECS Group has a 12 month low of GBX 38.05 and a 12 month high of GBX 105.

INSPECS Group Company Profile

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.