Synthomer (LON:SYNT) Reaches New 1-Year Low – Should You Sell?

Synthomer plc (LON:SYNT) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 106.20 ($1.37) and last traded at GBX 108.96 ($1.41), with a volume of 723410 shares changing hands. The stock had previously closed at GBX 115.80 ($1.50).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank downgraded shares of Synthomer to a “hold” rating and lowered their price objective for the stock from GBX 230 ($2.97) to GBX 150 ($1.94) in a report on Wednesday, March 12th.

Synthomer Trading Down 5.9 %

The company has a debt-to-equity ratio of 78.27, a current ratio of 1.90 and a quick ratio of 0.97. The firm has a market capitalization of £178.68 million, a PE ratio of -2.18, a PEG ratio of -0.17 and a beta of 1.79. The firm’s fifty day moving average is GBX 134.07 and its two-hundred day moving average is GBX 160.64.

Synthomer (LON:SYNT) last released its earnings results on Wednesday, March 12th. The company reported GBX (3.50) (($0.05)) earnings per share (EPS) for the quarter. Synthomer had a negative net margin of 4.40% and a negative return on equity of 7.52%. On average, equities analysts predict that Synthomer plc will post 12.962963 EPS for the current fiscal year.

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.