Spectra Products (CVE:SSA) Trading Down 2.4% – Here’s Why

Spectra Products Inc. (CVE:SSA)’s stock price fell 2.4% on Monday . The stock traded as low as C$0.21 and last traded at C$0.21. 34,500 shares changed hands during mid-day trading, an increase of 168% from the average session volume of 12,885 shares. The stock had previously closed at C$0.21.

Spectra Products Stock Down 2.4 %

The company has a current ratio of 8.17, a quick ratio of 11.32 and a debt-to-equity ratio of 13.90. The business’s 50-day simple moving average is C$0.20 and its 200-day simple moving average is C$0.22. The company has a market capitalization of C$2.86 million and a PE ratio of 20.50.

Spectra Products Company Profile

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.