Spectra7 Microsystems (OTCMKTS:SPVNF) Shares Up 86%

Spectra7 Microsystems Inc. (OTCMKTS:SPVNF)’s share price shot up 86% during mid-day trading on Monday . The stock traded as high as $0.02 and last traded at $0.02, 3,000 shares traded hands during mid-day trading. A decline of 97% from the average session volume of 110,957 shares. The stock had previously closed at $0.01.

Separately, Canaccord Genuity reissued a “sell” rating on shares of Spectra7 Microsystems in a research note on Monday, May 4th.

About Spectra7 Microsystems (OTCMKTS:SPVNF)

Spectra7 Microsystems Inc operates as an analog semiconductor company in Canada and China. The company offers virtual reality (VR) products, including VR7050 to enable lightweight and ultra-thin active interconnects for gesture recognition and motion control backhaul; augmented reality (AR) -Connect, an integrated cable, connector, and embedded chipset product line for AR vision systems and wearable computing devices; and DreamWeVR to support high-bandwidth, near-zero latency VR head-mounted displays, and AR glasses.

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