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

Spectra Systems Co. (LON:SPSY)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 148.32 and traded as low as GBX 132. Spectra Systems shares last traded at GBX 142, with a volume of 307,022 shares.

Spectra Systems Stock Up 13.1%

The firm has a market cap of £68.56 million, a price-to-earnings ratio of 5.26 and a beta of 0.02. The company has a quick ratio of 5.91, a current ratio of 2.27 and a debt-to-equity ratio of 25.97. The firm has a fifty day moving average price of GBX 137.93 and a 200-day moving average price of GBX 148.32.

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.