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Spectris (OTCMKTS:SEPJY) Shares Gap Up - Time to Buy?

Spectris logo with Computer and Technology background

Shares of Spectris (OTCMKTS:SEPJY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $22.00, but opened at $22.75. Spectris shares last traded at $22.75, with a volume of 1,226 shares.

Analysts Set New Price Targets

Separately, HSBC raised Spectris to a "buy" rating in a research note on Tuesday, March 4th.

Read Our Latest Stock Analysis on SEPJY

Spectris Stock Up 3.4%

The stock has a fifty day moving average price of $12.96 and a 200-day moving average price of $15.19. The company has a quick ratio of 1.19, a current ratio of 1.83 and a debt-to-equity ratio of 0.48.

Spectris Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 14th. Investors of record on Monday, May 19th will be issued a dividend of $0.3047 per share. This represents a dividend yield of 3.65%. This is a positive change from Spectris's previous dividend of $0.14. The ex-dividend date is Friday, May 16th.

About Spectris

(Get Free Report)

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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