Spectra Products (CVE:SSA) Trading Up 10.3% – Here’s Why

Spectra Products Inc. (CVE:SSAGet Free Report)’s stock price was up 10.3% on Friday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 9,000 shares traded hands during trading, a decline of 79% from the average daily volume of 43,509 shares. The stock had previously closed at C$0.20.

Spectra Products Stock Performance

The stock has a market cap of C$2.84 million, a price-to-earnings ratio of 15.50 and a beta of -0.07. The stock’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.18. The company has a current ratio of 8.17, a quick ratio of 11.32 and a debt-to-equity ratio of 13.90.

Spectra Products Company Profile

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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.

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