Spectra Products (CVE:SSA) Stock Price Down 2.4% – Here’s Why

Shares of Spectra Products Inc. (CVE:SSA) dropped 2.4% during trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 34,500 shares traded hands during mid-day trading, an increase of 168% from the average daily volume of 12,885 shares. The stock had previously closed at C$0.21.

Spectra Products Price Performance

The company has a market capitalization of C$2.93 million and a price-to-earnings ratio of 21.00. The company has a fifty day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.22. 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.