Spectra Systems (LON:SPSY) Shares Pass Below 200 Day Moving Average - Here's What Happened

Key Points

• Spectra Systems shares fell below its 200-day moving average, trading as low as GBX 210.12 ($2.79), which signals a potential downward trend.
• The company has a market capitalization of £128 million and displays a PE ratio of 19.78, indicating moderate growth expectations relative to its earnings.
• Spectra Systems operates in the security technology sector, focusing on integrated optical systems for authentication and security across various applications.

Spectra Systems Co. (LON:SPSY - ) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 215.34 ($2.86) and traded as low as GBX 210.12 ($2.79). Spectra Systems shares last traded at GBX 210.22 ($2.79), with a volume of 15,916 shares changing hands.

Spectra Systems Trading Down 2.7%

The company has a 50 day simple moving average of GBX 218.65 and a 200 day simple moving average of GBX 215.34. The company has a market capitalization of £128.00 million, a PE ratio of 19.78 and a beta of 0.22. The company has a debt-to-equity ratio of 39.72, a quick ratio of 5.91 and a current ratio of 1.97.

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.

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