Spectra Products (CVE:SSA) Stock Price Down 10.6% – Here’s What Happened

Shares of Spectra Products Inc. (CVE:SSA) dropped 10.6% on Tuesday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 12,000 shares changed hands during trading, a decline of 1% from the average daily volume of 12,126 shares. The stock had previously closed at C$0.24.

Spectra Products Trading Down 10.6 %

The company has a debt-to-equity ratio of 13.90, a quick ratio of 11.32 and a current ratio of 8.17. The stock has a market capitalization of C$2.93 million and a PE ratio of 21.00. The stock has a 50-day moving average price of C$0.22 and a two-hundred day moving average price of C$0.21.

About Spectra Products

Spectra Inc, through its subsidiary Spectra Products Inc, manufactures and markets bus and truck transportation safety equipment in Canada, China, and the United States. It offers brake and wheel-end monitoring equipment as an after-market product. The company also provides Brake Safe, a visual brake stroke indicator system that permits vehicle drivers and maintenance personnel to visually determine the brake adjustment condition of a truck, trailer, or bus equipped with an air activated brake system; and Brake Inspector, an electronic version of Brake Safe, which offers an in-cab display of air brake status and permits diagnosis of various existing and potential brake problems.