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

Spectra Systems Co. (LON:SPSY) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 166.34 and traded as low as GBX 147.95. Spectra Systems shares last traded at GBX 152.80, with a volume of 79,436 shares changing hands.

Spectra Systems Trading Down 0.8%

The stock has a market capitalization of £73.99 million, a P/E ratio of 3.73 and a beta of 0.01. The company has a current ratio of 2.81, a quick ratio of 5.91 and a debt-to-equity ratio of 17.28. The business has a 50-day moving average price of GBX 166.43 and a two-hundred day moving average price of GBX 166.34.

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.