Andrew Lockwood Acquires 8,659 Shares of Synectics plc (LON:SNX) Stock

Synectics plc (LON:SNX) insider Andrew Lockwood acquired 8,659 shares of the stock in a transaction dated Monday, March 25th. The stock was bought at an average cost of GBX 174 ($2.20) per share, with a total value of £15,066.66 ($19,040.39).

Synectics Stock Performance

Shares of SNX opened at GBX 167.50 ($2.12) on Thursday. The company has a current ratio of 1.96, a quick ratio of 1.42 and a debt-to-equity ratio of 4.99. The company has a market capitalization of £29.80 million, a price-to-earnings ratio of 1,296.15 and a beta of 0.63. The stock has a 50 day moving average of GBX 171.98 and a 200 day moving average of GBX 137.89. Synectics plc has a 12 month low of GBX 92.40 ($1.17) and a 12 month high of GBX 200 ($2.53).

Synectics Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 3rd. Investors of record on Thursday, April 11th will be given a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 1.62%. This is an increase from Synectics’s previous dividend of $2.00. The ex-dividend date of this dividend is Thursday, April 11th. Synectics’s dividend payout ratio (DPR) is presently 2,307.69%.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Synectics in a research note on Tuesday, February 27th.

Synectics Company Profile

Synectics plc engages in the design, integration, and support of security and surveillance systems in the United Kingdom and internationally. It operates through Systems and Security divisions. The Systems division provides specialist electronic surveillance systems based on its own proprietary technology for gaming, transport, critical infrastructure, public space, and oil & gas applications.