Spectra Systems (LON:SPSY) Hits New 52-Week Low – Should You Sell?

Shares of Spectra Systems Co. (LON:SPSY) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 172.60 ($2.20) and last traded at GBX 192 ($2.44), with a volume of 101123 shares traded. The stock had previously closed at GBX 196 ($2.49).

Spectra Systems Price Performance

The business has a fifty day moving average price of GBX 217.25 and a 200 day moving average price of GBX 235. The company has a debt-to-equity ratio of 39.72, a current ratio of 1.97 and a quick ratio of 5.91. The company has a market capitalization of £116.91 million, a price-to-earnings ratio of 18.07 and a beta of 0.22.

Spectra Systems Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, June 12th will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, June 12th. This represents a dividend yield of 4.07%. Spectra Systems’s dividend payout ratio (DPR) 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.