Spectra Systems (LON:SPSY) Shares Down 16.3% – Time to Sell?

Spectra Systems Co. (LON:SPSYGet Free Report)’s stock price was down 16.3% on Monday . The company traded as low as GBX 155.67 ($2.09) and last traded at GBX 161.60 ($2.17). Approximately 591,663 shares were traded during trading, an increase of 662% from the average daily volume of 77,616 shares. The stock had previously closed at GBX 193 ($2.59).

Spectra Systems Stock Performance

The firm has a market capitalization of £79.11 million, a P/E ratio of 963.24 and a beta of 0.22. The company has a current ratio of 1.97, a quick ratio of 5.91 and a debt-to-equity ratio of 39.72. The business’s 50 day simple moving average is GBX 204.06 and its two-hundred day simple moving average is GBX 208.89.

About Spectra Systems

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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.

Further Reading

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