Spectra Products (CVE:SSA) Trading 8.3% Higher – Time to Buy?

Shares of Spectra Products Inc. (CVE:SSAGet Free Report) rose 8.3% during trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 10,000 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 16,900 shares. The stock had previously closed at C$0.18.

Spectra Products Price Performance

The stock has a market capitalization of C$2.72 million and a PE ratio of 19.50. The firm’s fifty day moving average price is C$0.20 and its two-hundred day moving average price is C$0.21. The company has a quick ratio of 11.32, a current ratio of 8.17 and a debt-to-equity ratio of 13.90.

Spectra Products Company Profile

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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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