Spectra Systems (LON:SPSY) Sets New 1-Year Low – Should You Sell?

Spectra Systems Co. (LON:SPSY)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 194 ($2.51) and last traded at GBX 199 ($2.57), with a volume of 300761 shares. The stock had previously closed at GBX 217.50 ($2.81).

Spectra Systems Stock Performance

The company has a debt-to-equity ratio of 39.72, a quick ratio of 5.91 and a current ratio of 1.97. The stock has a fifty day simple moving average of GBX 220.22 and a two-hundred day simple moving average of GBX 236.30. The stock has a market cap of £121.17 million, a PE ratio of 18.72 and a beta of 0.22.

Spectra Systems Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Investors of record on Thursday, June 12th will be issued a dividend of $0.12 per share. This represents a yield of 4.07%. The ex-dividend date of this dividend is Thursday, June 12th. Spectra Systems’s payout ratio is 84.69%.

About Spectra Systems

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.