Spectra Products (CVE:SSA) Stock Price Up 5.6% – Should You Buy?

Spectra Products Inc. (CVE:SSAGet Free Report) shot up 5.6% during trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 53,000 shares changed hands during mid-day trading, an increase of 260% from the average session volume of 14,739 shares. The stock had previously closed at C$0.18.

Spectra Products Trading Up 5.6 %

The company’s fifty day simple moving average is C$0.21 and its 200-day simple moving average is C$0.21. The firm has a market capitalization of C$2.65 million and a PE ratio of 19.00. The company has a debt-to-equity ratio of 13.90, a current ratio of 8.17 and a quick ratio of 11.32.

About Spectra Products

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Spectra Inc, through its subsidiary Spectra Products Inc, manufactures and markets bus and truck transportation safety equipment in Canada, China, and the United States. It offers brake and wheel-end monitoring equipment as an after-market product. The company also provides Brake Safe, a visual brake stroke indicator system that permits vehicle drivers and maintenance personnel to visually determine the brake adjustment condition of a truck, trailer, or bus equipped with an air activated brake system; and Brake Inspector, an electronic version of Brake Safe, which offers an in-cab display of air brake status and permits diagnosis of various existing and potential brake problems.

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