Spectra Systems (LON:SPSY) Stock Price Down 2% – Here’s What Happened

Spectra Systems Co. (LON:SPSYGet Free Report)’s stock price dropped 2% during mid-day trading on Monday . The company traded as low as GBX 238 ($3.04) and last traded at GBX 247 ($3.15). Approximately 44,393 shares changed hands during trading, a decline of 38% from the average daily volume of 71,769 shares. The stock had previously closed at GBX 252 ($3.21).

Spectra Systems Stock Performance

The company has a current ratio of 1.93, a quick ratio of 5.91 and a debt-to-equity ratio of 33.08. The business has a fifty day moving average of GBX 251.41 and a 200-day moving average of GBX 248.27. The company has a market cap of £113.93 million, a PE ratio of 2,470.00 and a beta of 0.22.

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.

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