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Spectris (OTCMKTS:SEPJY) Shares Down 4% - Should You Sell?

Spectris logo with Computer and Technology background

Key Points

  • Spectris shares fell by 4% to $25.70, with trading volume significantly increasing by 1,404% compared to its average daily volume.
  • The company recently announced a dividend increase to $0.3047 per share, up from $0.14, which reflects a remarkable dividend yield of 365.0%.
  • Spectris operates in precision measurement solutions, providing advanced sensors and instruments for various applications globally.
  • Looking to Export and Analyze Spectris Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Spectris (OTCMKTS:SEPJY - Get Free Report) shares dropped 4% during mid-day trading on Wednesday . The stock traded as low as $25.70 and last traded at $25.70. Approximately 100 shares were traded during trading, an increase of 1,404% from the average daily volume of 7 shares. The stock had previously closed at $26.78.

Spectris Trading Down 4.0%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.19 and a current ratio of 1.83. The firm has a 50 day moving average price of $22.83 and a 200-day moving average price of $17.59.

Spectris Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, July 14th. Investors of record on Monday, May 19th were issued a $0.3047 dividend. This is a boost from Spectris's previous dividend of $0.14. This represents a yield of 365.0%. The ex-dividend date was 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

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