Spectra7 Microsystems (OTCMKTS:SPVNF) Stock Price Up 48.7% – Still a Buy?

Shares of Spectra7 Microsystems Inc. (OTCMKTS:SPVNFGet Free Report) shot up 48.7% on Friday . The stock traded as high as $0.13 and last traded at $0.13. 29,542 shares traded hands during trading, a decline of 33% from the average session volume of 44,042 shares. The stock had previously closed at $0.09.

Spectra7 Microsystems Trading Up 48.7 %

The stock has a fifty day moving average of $0.09 and a 200-day moving average of $0.10.

Spectra7 Microsystems Company Profile

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Spectra7 Microsystems Inc operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; and DreamWeVR, includes VR8181, VR8050, VR8200 and VR8300 chips to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses.

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