Spectra Systems (LON:SPSY) Shares Pass Below 200 Day Moving Average – Time to Sell?

Spectra Systems Co. (LON:SPSY)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 184.37 and traded as low as GBX 147. Spectra Systems shares last traded at GBX 149, with a volume of 64,701 shares trading hands.

Spectra Systems Price Performance

The firm has a market cap of £74.85 million, a price-to-earnings ratio of 5.74 and a beta of 0.22. The company’s fifty day moving average is GBX 142.66 and its 200 day moving average is GBX 184.04. The company has a quick ratio of 5.91, a current ratio of 1.97 and a debt-to-equity ratio of 39.72.

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. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems for real-time fraud control and risk management used by lottery and gaming operators.