Spectra Systems (LON:SPSY) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Spectra Systems Co. (LON:SPSY) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 160.36 and traded as low as GBX 135.10. Spectra Systems shares last traded at GBX 135.50, with a volume of 44,952 shares traded.

Spectra Systems Stock Performance

The company has a debt-to-equity ratio of 39.72, a current ratio of 1.97 and a quick ratio of 5.91. The company has a market capitalization of £65.48 million, a PE ratio of 5.02 and a beta of 0.22. The stock has a 50-day simple moving average of GBX 149.61 and a 200 day simple moving average of GBX 160.36.

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. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems for real-time fraud control and risk management used by lottery and gaming operators.