Synthomer (LON:SYNT) Trading Down 9.1%

Synthomer plc (LON:SYNT)’s stock price was down 9.1% on Monday . The company traded as low as GBX 258.55 ($3.34) and last traded at GBX 259.85 ($3.36). Approximately 334,074 shares traded hands during trading, a decline of 25% from the average daily volume of 447,575 shares. The stock had previously closed at GBX 286 ($3.70).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group raised their price target on shares of Synthomer from GBX 220 ($2.85) to GBX 250 ($3.23) and gave the company a “hold” rating in a report on Friday, July 12th.

Synthomer Trading Down 9.8 %

The stock has a 50-day moving average of GBX 281.54 and a 200 day moving average of GBX 231.06. The stock has a market cap of £422.01 million, a PE ratio of -217.50, a price-to-earnings-growth ratio of -0.17 and a beta of 1.76. The company has a quick ratio of 0.97, a current ratio of 1.95 and a debt-to-equity ratio of 79.72.

Synthomer Company Profile

Synthomer plc operates as a specialty chemicals company in the United Kingdom and internationally. It operates through five segments: Performance Elastomers, Functional Solutions, Industrial Specialities, Acrylate Monomers, and Adhesive Technologies. The company offers adhesives, including PSA labels, packaging and specialty tapes, saturants, release coatings, wood working, wet glues, hygiene and contact adhesives, packaging and assembly hot melt adhesives; coatings products such as architectural, masonry, intumescent, metal, wood, soil releases, blinders, ink receptive, polyester for powder coatings, SYNTHOMER NX for coalescing agents, and SYNOLOX BEPF for glycol.