Spectris (OTCMKTS:SEPJY) Trading Down 4% – What’s Next?

Spectris (OTCMKTS:SEPJY)’s share price fell 4% during trading on Wednesday . The stock traded as low as $25.70 and last traded at $25.70. 145 shares traded hands during trading, a decline of 89% from the average session volume of 1,370 shares. The stock had previously closed at $26.78.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Spectris to a “hold” rating in a research report on Thursday, December 11th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Spectris Stock Down 4.0%

The stock has a fifty day moving average of $25.68 and a two-hundred day moving average of $25.26. The company has a current ratio of 1.78, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

Spectris Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, October 6th were paid a $0.1515 dividend. The ex-dividend date was Friday, October 3rd. This represents a dividend yield of 183.0%.

About Spectris

Spectris PLC (OTCMKTS:SEPJY) is a UK‐based provider of precision instrumentation, controls and data analytics solutions serving industrial and scientific markets worldwide. Through a portfolio of specialist brands, the company designs, manufactures and supplies measurement and testing equipment that enables customers to characterize materials, monitor processes and optimize performance across a wide range of applications.

The company’s product offerings include analytical instruments for materials characterization, sensor-based measurement systems, test and measurement platforms, and software for data acquisition and process analytics.