Synectics (LON:SNX) Reaches New 52-Week Low – What’s Next?

Synectics plc (LON:SNX) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 210 and last traded at GBX 220, with a volume of 534284 shares. The stock had previously closed at GBX 235.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “house stock” rating on shares of Synectics in a research report on Thursday, October 16th.

Synectics Stock Performance

The company has a current ratio of 2.02, a quick ratio of 1.42 and a debt-to-equity ratio of 4.04. The business’s 50 day moving average is GBX 280.38 and its 200 day moving average is GBX 302.64. The stock has a market capitalization of £36.89 million, a PE ratio of 8.73 and a beta of 0.69.

Insiders Place Their Bets

In other news, insider Andrew Lockwood purchased 6,664 shares of the stock in a transaction dated Wednesday, October 8th. The shares were acquired at an average cost of GBX 300 per share, for a total transaction of £19,992. 22.80% of the stock is currently owned by insiders.

About Synectics

Synectics is a global leader in the design, integration, and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets. Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space, custodial and critical infrastructure projects.