Spectra Stock Today

SSA Stock  CAD 0.22  0.01  4.76%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Spectra is selling for under 0.22 as of the 25th of November 2024; that is 4.76% up since the beginning of the trading day. The stock's lowest day price was 0.22. Spectra has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Spectra are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Automobiles & Components
Category
Consumer Cyclical
Classification
Consumer Discretionary
Spectra Products Inc. manufactures and markets bus and truck transportation safety equipment in Canada and the United States. Spectra Products Inc. was incorporated in 1994 and is based in Toronto, Canada. SPECTRA PRODUCTS operates under Auto Parts classification in Exotistan and is traded on Commodity Exchange.. The company has 13.95 M outstanding shares of which 1.28 K shares are at this time shorted by private and institutional investors with about 0.61 days to cover all short positions. More on Spectra

Moving together with Spectra Stock

  0.7RY-PS Royal BankPairCorr

Moving against Spectra Stock

  0.34SEC Senvest CapitalPairCorr

Spectra Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Spectra's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spectra or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOAndrew Malion
Business ConcentrationAutomotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors)
Spectra's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Spectra's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Spectra can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Spectra's financial leverage. It provides some insight into what part of Spectra's total assets is financed by creditors.
Liquidity
Spectra cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Spectra has accumulated 346.13 K in total debt with debt to equity ratio (D/E) of 0.09, which may suggest the company is not taking enough advantage from borrowing. Spectra has a current ratio of 14.18, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Spectra until it has trouble settling it off, either with new capital or with free cash flow. So, Spectra's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spectra sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectra to invest in growth at high rates of return. When we think about Spectra's use of debt, we should always consider it together with cash and equity.

Net Income

233,468
Spectra (SSA) is traded on TSX Venture Exchange in Canada and employs 6 people. Spectra is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.07 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spectra's market, we take the total number of its shares issued and multiply it by Spectra's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Spectra classifies itself under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 13.95 M outstanding shares of which 1.28 K shares are at this time shorted by private and institutional investors with about 0.61 days to cover all short positions. Spectra has accumulated about 1.12 M in cash with 286.72 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Spectra Probability Of Bankruptcy
Ownership Allocation
Spectra has 9.9 % of its outstanding shares held by insiders and 26.03 % owned by institutional holders.
Check Spectra Ownership Details

Spectra Risk Profiles

Although Spectra's alpha and beta are two of the key measurements used to evaluate Spectra's performance over the market, the standard measures of volatility play an important role as well.

Spectra Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Spectra without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Additional Tools for Spectra Stock Analysis

When running Spectra's price analysis, check to measure Spectra's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectra is operating at the current time. Most of Spectra's value examination focuses on studying past and present price action to predict the probability of Spectra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectra's price. Additionally, you may evaluate how the addition of Spectra to your portfolios can decrease your overall portfolio volatility.