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

Spectris (OTCMKTS:SEPJY) gapped down before the market opened on Tuesday . The stock had previously closed at $26.78, but opened at $25.70. Spectris shares last traded at $25.70, with a volume of 145 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Spectris to a “hold” rating in a research 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’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Spectris Stock 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 moving average price of $25.68 and a two-hundred day moving average price of $25.56.

Spectris Cuts Dividend

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

About Spectris

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.