Spectris (OTCMKTS:SEPJY) Shares Gap Down – Here’s What Happened

Spectris (OTCMKTS:SEPJY) gapped down prior to trading on Tuesday . The stock had previously closed at $26.78, but opened at $25.70. Spectris shares last traded at $25.70, with a volume of 145 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Spectris to a “hold” rating in a research note on Thursday, December 11th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Spectris presently has an average rating of “Moderate Buy”.

Spectris Trading Down 4.0%

The firm has a fifty day moving average of $25.67 and a 200 day moving average of $25.16. The company has a current ratio of 1.78, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

Spectris Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, October 6th were paid a dividend of $0.1515 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a dividend yield of 183.0%.

About Spectris

Spectris PLC (OTCMKTS:SEPJY) is a UK‐based provider of precision instrumentation, controls and data analytics solutions serving industrial and scientific markets worldwide. Through a portfolio of specialist brands, the company designs, manufactures and supplies measurement and testing equipment that enables customers to characterize materials, monitor processes and optimize performance across a wide range of applications.

The company’s product offerings include analytical instruments for materials characterization, sensor-based measurement systems, test and measurement platforms, and software for data acquisition and process analytics.