Spectra Products (CVE:SSA) Shares Up 8.3% – Time to Buy?

Spectra Products Inc. (CVE:SSA) rose 8.3% during mid-day trading on Tuesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 13,000 shares changed hands during trading, a decline of 1% from the average daily volume of 13,077 shares. The stock had previously closed at C$0.18.

Spectra Products Trading Up 8.3 %

The stock has a market cap of C$2.72 million and a PE ratio of 19.50. The company’s 50-day moving average price is C$0.22 and its 200 day moving average price is C$0.21. The company has a debt-to-equity ratio of 13.90, a quick ratio of 11.32 and a current ratio of 8.17.

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.