Spectra Products (CVE:SSA) Trading Up 5.6% – Still a Buy?

Spectra Products Inc. (CVE:SSA) was up 5.6% on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 53,000 shares traded hands during mid-day trading, an increase of 260% from the average daily volume of 14,739 shares. The stock had previously closed at C$0.18.

Spectra Products Stock Performance

The company has a debt-to-equity ratio of 13.90, a current ratio of 8.17 and a quick ratio of 11.32. The company has a market cap of C$2.65 million and a PE ratio of 19.00. The stock has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.21.

Spectra Products Company Profile

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.