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

Synectics plc (LON:SNX) shares reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 160 and last traded at GBX 163, with a volume of 17705 shares changing hands. The stock had previously closed at GBX 167.50.

Synectics Trading Down 3.7%

The company has a debt-to-equity ratio of 3.78, a current ratio of 2.06 and a quick ratio of 1.42. The stock has a 50-day moving average price of GBX 212.81 and a two-hundred day moving average price of GBX 256.54. The stock has a market cap of £26.24 million, a PE ratio of 6.21 and a beta of 0.51.

Synectics (LON:SNX) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 28.30 EPS for the quarter. Synectics had a return on equity of 8.48% and a net margin of 5.44%. Sell-side analysts forecast that Synectics plc will post 1560.0001173 earnings per share for the current fiscal year.

Insider Activity

In other Synectics news, insider Jon Kempster purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of GBX 185 per share, with a total value of £18,500. Also, insider Amanda Larnder purchased 7,245 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of GBX 171 per share, for a total transaction of £12,388.95. In the last ninety days, insiders bought 22,819 shares of company stock worth $4,086,641. 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.

The group’s expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.