Spectris plc (OTCMKTS:SEPJY - Get Free Report) rose 41.7% during trading on Thursday . The stock traded as high as $22.60 and last traded at $22.60. Approximately 126 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 500 shares. The stock had previously closed at $15.95.
Analyst Upgrades and Downgrades
Separately, HSBC raised shares of Spectris to a "buy" rating in a research note on Tuesday, March 4th.
Read Our Latest Analysis on SEPJY
Spectris Stock Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.68 and a current ratio of 2.36. The business has a 50-day moving average price of $12.70 and a two-hundred day moving average price of $15.10.
Spectris Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, July 14th. Shareholders of record on Monday, May 19th will be issued a dividend of $0.3047 per share. This is an increase from Spectris's previous dividend of $0.14. The ex-dividend date of this dividend is Friday, May 16th. This represents a yield of 3.65%.
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
Before you consider Spectris, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spectris wasn't on the list.
While Spectris currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
