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Spectra Systems (LON:SPSY) Shares Cross Below 200 Day Moving Average - Time to Sell?

Spectra Systems logo with Computer and Technology background

Key Points

  • Spectra Systems' stock has fallen below its 200-day moving average, indicating potential concerns for investors as it traded at GBX 202 ($2.73) on Wednesday.
  • The company's stock is currently down 1.9%, with a market capitalization of £123.00 million and a P/E ratio of 19.01.
  • Spectra Systems operates in areas such as Authentication Systems and secure transactions, providing integrated optical solutions for banknote authentication and cleaning.
  • Five stocks to consider instead of Spectra Systems.

Spectra Systems Co. (LON:SPSY - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 213.15 ($2.85) and traded as low as GBX 202 ($2.71). Spectra Systems shares last traded at GBX 202 ($2.71), with a volume of 10,943 shares trading hands.

Spectra Systems Stock Down 1.4%

The firm has a market capitalization of £96.71 million, a PE ratio of 1,177.53 and a beta of 0.22. The business's fifty day moving average price is GBX 215.38 and its 200 day moving average price is GBX 212.84. The company has a quick ratio of 5.91, a current ratio of 1.97 and a debt-to-equity ratio of 39.72.

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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