Spectris (OTCMKTS:SEPJY) Downgraded to Sell at Zacks Investment Research

Spectris (OTCMKTS:SEPJYGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, Zacks.com reports.

According to Zacks, “Spectris Plc manufactures, develops and supplies industrial automation equipment. The company comprises Materials Analysis segment, Test & Measurement segment, In-Line Instrumentation segment and Industrial Controls segment. The Materials Analysis segment provides products to determine structure, composition, quantity and quality of particles and materials. The Test and Measurement segment supplies test, measurement and analysis equipment and software for product design, manufacturing control and environmental monitoring systems. The In-line Instrumentation segment provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries. The Industrial Controls segment provides products and solutions which monitor, control, inform, track and trace during the production process. Spectris Plc is headquartered in Egham, the United Kingdom. “

Separately, HSBC cut Spectris from a “buy” rating to a “hold” rating in a research report on Wednesday, March 2nd.

Shares of SEPJY stock opened at $15.96 on Wednesday. Spectris has a fifty-two week low of $15.96 and a fifty-two week high of $29.50. The stock has a 50 day simple moving average of $20.21 and a two-hundred day simple moving average of $23.33.

About Spectris (Get Rating)

Spectris plc manufactures and sells measuring instruments and controls worldwide. The company provides products and services, which enable customers to determine structure, composition, quantity, and quality of particles and materials during their research and product development processes, when assessing materials before production, or during the manufacturing process; various range of life science services; products for measurement and control of temperature, humidity, pressure, strain, force, flow, level, pH, and conductivity; and data acquisition, electric heating, and custom-engineered products.

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