Spectris (OTCMKTS:SEPJY) Shares Down 4% – Here’s Why

Spectris (OTCMKTS:SEPJY)’s share price was down 4% during trading on Thursday . The stock traded as low as $25.70 and last traded at $25.70. Approximately 145 shares traded hands during trading, a decline of 89% from the average daily volume of 1,370 shares. The stock had previously closed at $26.78.

Analyst Ratings Changes

Separately, Zacks Research raised Spectris to a “hold” rating in a report on Thursday, December 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Spectris has an average rating of “Moderate Buy”.

Spectris Price Performance

The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.78. The business has a 50-day simple moving average of $25.66 and a two-hundred day simple moving average of $24.78.

Spectris Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, November 24th. Investors of record on Monday, October 6th were issued a dividend of $0.1515 per share. This represents a yield of 183.0%. The ex-dividend date was Friday, October 3rd.

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.