Spectra Systems (LON:SPSY) Trading Up 9.7% – Here’s Why

Spectra Systems Co. (LON:SPSY) shares rose 9.7% during mid-day trading on Tuesday . The stock traded as high as GBX 154.45 and last traded at GBX 152. Approximately 217,836 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 89,078 shares. The stock had previously closed at GBX 138.50.

Spectra Systems Price Performance

The stock has a market capitalization of £73.63 million, a P/E ratio of 5.65 and a beta of 0.02. The company has a debt-to-equity ratio of 25.97, a quick ratio of 5.91 and a current ratio of 2.27. The business has a fifty day simple moving average of GBX 137.93 and a 200-day simple moving average of GBX 148.32.

Spectra Systems Company Profile

Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor equipment to authenticate banknotes and security documents; and banknote cleaning and disinfection systems. It also provides optical materials for security and quality control, such as fluorescent and phosphorescent pigments and dyes, invisible pigments and dyes, and gasochromic response materials; customized materials and hardware solutions; and internal control systems for real-time fraud control and risk management used by lottery and gaming operators.