Spectra Products (CVE:SSA) Trading Up 4.8% – Time to Buy?

by · The Markets Daily

Spectra Products Inc. (CVE:SSA – Get Free Report)’s share price traded up 4.8% during trading on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.22. 7,500 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 12,525 shares. The stock had previously closed at C$0.21.

Spectra Products Trading Up 4.8 %

The company has a quick ratio of 11.32, a current ratio of 8.17 and a debt-to-equity ratio of 13.90. The firm has a 50 day moving average of C$0.21 and a 200 day moving average of C$0.21. The firm has a market cap of C$3.07 million and a PE ratio of 22.00.

Spectra Products Company Profile

(Get Free Report)

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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