Spectra Systems (LON:SPSY) Shares Pass Below 200 Day Moving Average – Here’s Why

Spectra Systems Co. (LON:SPSY) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 155.18 and traded as low as GBX 125. Spectra Systems shares last traded at GBX 130, with a volume of 122,831 shares.

Spectra Systems Stock Performance

The stock has a market cap of £62.77 million, a price-to-earnings ratio of 4.81 and a beta of 0.02. The firm’s 50-day moving average price is GBX 145.30 and its two-hundred day moving average price is GBX 155.18. The company has a debt-to-equity ratio of 25.97, a quick ratio of 5.91 and a current ratio of 2.27.

Spectra Systems Company Profile

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.