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

Spectris (OTCMKTS:SEPJY - Get Free Report)'s share price 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.

Analyst Upgrades and Downgrades

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

Spectris Stock Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 1.83 and a quick ratio of 1.19. The business has a 50 day simple moving average of $13.52 and a 200 day simple moving average of $15.32.

Spectris Increases Dividend

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

Spectris Company Profile

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.