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

Spectra Systems Co. (LON:SPSY) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 239.39 ($3.08) and traded as low as GBX 218 ($2.81). Spectra Systems shares last traded at GBX 220 ($2.83), with a volume of 67,066 shares.

Spectra Systems Stock Down 5.8 %

The company has a market cap of £133.96 million, a price-to-earnings ratio of 20.70 and a beta of 0.22. The company has a debt-to-equity ratio of 39.72, a quick ratio of 5.91 and a current ratio of 1.97. The business’s 50 day simple moving average is GBX 226.28 and its 200-day simple moving average is GBX 239.39.

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.