Spectra Products Inc. (CVE:SSA – Get Free Report) shot up 5% on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 60,000 shares traded hands during trading, an increase of 53% from the average daily volume of 39,152 shares. The stock had previously closed at C$0.20.
Spectra Products Stock Performance
The firm has a 50 day moving average of C$0.18 and a two-hundred day moving average of C$0.18. 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 stock has a market cap of C$2.74 million, a PE ratio of 15.50 and a beta of -0.07.
About Spectra Products
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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