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

Spectra Systems Co. (LON:SPSY) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 233.05 ($3.08) and traded as low as GBX 200 ($2.65). Spectra Systems shares last traded at GBX 209 ($2.77), with a volume of 146,172 shares traded.

Spectra Systems Price Performance

The company has a fifty day moving average price of GBX 215.35 and a two-hundred day moving average price of GBX 233.05. The company has a current ratio of 1.97, a quick ratio of 5.91 and a debt-to-equity ratio of 39.72. The firm has a market cap of £127.26 million, a P/E ratio of 19.67 and a beta of 0.22.

Spectra Systems Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, June 12th will be issued a $0.12 dividend. This represents a dividend yield of 4.07%. The ex-dividend date is Thursday, June 12th. Spectra Systems’s dividend payout ratio (DPR) is presently 84.69%.

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.