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

Spectra Systems Co. (LON:SPSY)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 235 ($2.99) and traded as low as GBX 172.60 ($2.20). Spectra Systems shares last traded at GBX 192 ($2.44), with a volume of 101,123 shares traded.

Spectra Systems Stock Up 12.0 %

The company has a market capitalization of £130.92 million, a PE ratio of 20.23 and a beta of 0.22. The company has a current ratio of 1.97, a quick ratio of 5.91 and a debt-to-equity ratio of 39.72. The firm has a 50 day simple moving average of GBX 217.25 and a two-hundred day simple moving average of GBX 235.

Spectra Systems Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 12th will be given a $0.12 dividend. The ex-dividend date is Thursday, June 12th. This represents a yield of 4.07%. Spectra Systems’s dividend payout ratio (DPR) is 84.69%.

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.