Spectra Products (CVE:SSA) Stock Price Up 5.6% – Time to Buy?

Spectra Products Inc. (CVE:SSA)’s stock price was up 5.6% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.19. Approximately 52,000 shares changed hands during mid-day trading, an increase of 198% from the average daily volume of 17,464 shares. The stock had previously closed at C$0.18.

Spectra Products Price Performance

The company has a market capitalization of C$2.65 million and a price-to-earnings ratio of 19.00. 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’s 50 day simple moving average is C$0.19 and its 200-day simple moving average is C$0.20.

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.