Spectra Products Inc. (CVE:SSA – Get Free Report) shares shot up 5% during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. 60,000 shares changed hands during trading, an increase of 53% from the average session volume of 39,152 shares. The stock had previously closed at C$0.20.
Spectra Products Trading Up 5.0%
The company has a 50 day moving average of C$0.18 and a 200-day moving average of C$0.18. The company has a debt-to-equity ratio of 13.90, a quick ratio of 11.32 and a current ratio of 8.17. The stock has a market cap of C$2.74 million, a price-to-earnings 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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