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Spectra Systems (LON:SPSY) Stock Price Passes Below 200 Day Moving Average - Here's What Happened

Spectra Systems logo with Computer and Technology background

Spectra Systems Co. (LON:SPSY - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 231.70 ($3.09) and traded as low as GBX 200 ($2.66). Spectra Systems shares last traded at GBX 206.75 ($2.75), with a volume of 39,175 shares trading hands.

Spectra Systems Trading Down 2.3 %

The firm has a market capitalization of £121.90 million, a P/E ratio of 18.84 and a beta of 0.22. The company has a quick ratio of 5.91, a current ratio of 1.97 and a debt-to-equity ratio of 39.72. The firm has a 50 day moving average of GBX 214.40 and a 200-day moving average of GBX 230.70.

Spectra Systems Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, June 12th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, June 12th. This represents a dividend yield of 4.07%. Spectra Systems's payout ratio is 84.69%.

About Spectra Systems

(Get Free Report)

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.

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