Spectra Systems (LON:SPSY) Stock Price Passes Below Two Hundred Day Moving Average of $212.31

Spectra Systems Co. (LON:SPSY) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 212.31 ($2.62) and traded as low as GBX 212 ($2.62). Spectra Systems shares last traded at GBX 218 ($2.69), with a volume of 16,943 shares traded.

Spectra Systems Stock Performance

The company has a debt-to-equity ratio of 6.12, a quick ratio of 5.91 and a current ratio of 3.69. The firm’s 50 day moving average is GBX 220.76 and its 200-day moving average is GBX 212.61. The company has a market cap of £104.74 million, a PE ratio of 1,715.38 and a beta of 0.18.

Spectra Systems Increases Dividend

The business also recently declared a dividend, which will be paid on Sunday, June 23rd. Investors of record on Tuesday, June 4th will be issued a $0.12 dividend. This represents a dividend yield of 4.08%. The ex-dividend date of this dividend is Tuesday, June 4th. This is a boost from Spectra Systems’s previous dividend of $0.12. Spectra Systems’s dividend payout ratio (DPR) is currently 6,923.08%.

About Spectra Systems

Spectra Systems Corporation invents, develops, and sells integrated optical systems in Rhode Island and internationally. It operates through three segments: Authentication Systems, Secure Transactions, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor technology to authenticate banknotes that are used by central banks, as well as G7 country for security; banknote cleaning and disinfection systems that lifts sebum and other substances from the banknote through a dry process based on supercritical CO2 cleaning; and solutions to authenticate brand name products.