Spectra Products (CVE:SSA) Stock Price Down 10.6% – Here’s What Happened

Spectra Products Inc. (CVE:SSA) dropped 10.6% on Tuesday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 12,000 shares traded hands during trading, a decline of 1% from the average daily volume of 12,126 shares. The stock had previously closed at C$0.24.

Spectra Products Trading Down 10.6 %

The stock has a market cap of C$2.93 million and a P/E ratio of 21.00. The company has a current ratio of 8.17, a quick ratio of 11.32 and a debt-to-equity ratio of 13.90. The company has a 50-day moving average price of C$0.22 and a two-hundred day moving average price of C$0.21.

Spectra Products Company Profile

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.