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

Key Points

• Spectra Systems' stock has recently crossed below its 200-day moving average, indicating a potential decline in investor confidence.
• The stock currently trades at GBX 200.75 ($2.70), below its 200-day moving average of GBX 212.66 ($2.86).
• The company maintains a low debt-to-equity ratio of 39.72, suggesting a relatively stable financial position despite its high PE ratio of 1,176.82.

Spectra Systems Co. (LON:SPSY - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 212.66 ($2.88) and traded as low as GBX 200 ($2.71). Spectra Systems shares last traded at GBX 200.75 ($2.72), with a volume of 73,863 shares trading hands.

Spectra Systems Trading Down 2.4%

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 company has a market capitalization of £90.52 million, a P/E ratio of 1,102.12 and a beta of 0.22. The business has a 50 day moving average price of GBX 212.90 and a 200 day moving average price of GBX 212.26.

Spectra Systems Company Profile

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.