Spectra Systems (LON:SPSY) Share Price Passes Below 200 Day Moving Average – Should You Sell?

Spectra Systems Co. (LON:SPSY) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 225.80 ($3.01) and traded as low as GBX 196.50 ($2.62). Spectra Systems shares last traded at GBX 201.75 ($2.68), with a volume of 475,732 shares trading hands.

Spectra Systems Trading Up 4.5%

The stock has a market capitalization of £127.26 million, a PE ratio of 19.67 and a beta of 0.22. The company has a quick ratio of 5.91, a current ratio of 1.97 and a debt-to-equity ratio of 39.72. The business’s 50-day moving average is GBX 206.24 and its two-hundred day moving average is GBX 225.80.

Spectra Systems Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 12th will be given a $0.12 dividend. The ex-dividend date of this dividend is Thursday, June 12th. This represents a yield of 4.07%. Spectra Systems’s dividend payout ratio (DPR) is presently 84.69%.

About Spectra Systems

Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor equipment to authenticate banknotes and security documents; and banknote cleaning and disinfection systems.