Spectra Systems (LON:SPSY) Shares Down 2% – Here’s Why

Spectra Systems Co. (LON:SPSYGet Free Report)’s share price fell 2% during mid-day trading on Monday . The company traded as low as GBX 238 ($3.03) and last traded at GBX 247 ($3.15). 44,393 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 71,769 shares. The stock had previously closed at GBX 252 ($3.21).

Spectra Systems Price Performance

The business’s 50-day moving average price is GBX 251.25 and its 200 day moving average price is GBX 248.29. The company has a quick ratio of 5.91, a current ratio of 1.93 and a debt-to-equity ratio of 33.08. The company has a market capitalization of £117.74 million, a P/E ratio of 2,470.00 and a beta of 0.22.

Spectra Systems Company Profile

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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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