Spectris (OTCMKTS:SEPJY) Trading Down 4% – What’s Next?

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

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Spectris to a “hold” rating in a research note on Thursday, December 11th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Spectris presently has an average rating of “Moderate Buy”.

Spectris Trading Down 4.0%

The company has a debt-to-equity ratio of 0.49, a current ratio of 1.78 and a quick ratio of 1.09. The company has a fifty day simple moving average of $25.67 and a two-hundred day simple moving average of $25.25.

Spectris Cuts Dividend

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

Spectris Company Profile

Spectris PLC (OTCMKTS:SEPJY) is a UK‐based provider of precision instrumentation, controls and data analytics solutions serving industrial and scientific markets worldwide. Through a portfolio of specialist brands, the company designs, manufactures and supplies measurement and testing equipment that enables customers to characterize materials, monitor processes and optimize performance across a wide range of applications.

The company’s product offerings include analytical instruments for materials characterization, sensor-based measurement systems, test and measurement platforms, and software for data acquisition and process analytics.