Synectics (LON:SNX) Stock Price Down 13.9% – Should You Sell?

Shares of Synectics plc (LON:SNX) dropped 13.9% on Monday . The stock traded as low as GBX 170 and last traded at GBX 175. Approximately 109,639 shares changed hands during mid-day trading, an increase of 117% from the average daily volume of 50,471 shares. The stock had previously closed at GBX 203.30.

Synectics Stock Performance

The company has a quick ratio of 1.42, a current ratio of 2.06 and a debt-to-equity ratio of 3.78. The company’s 50-day moving average is GBX 187.85 and its two-hundred day moving average is GBX 224.54. The company has a market capitalization of £29.76 million, a P/E ratio of 8.03 and a beta of 0.67.

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

Insider Buying and Selling

In other Synectics news, insider Paul Williams purchased 5,574 shares of Synectics stock in a transaction on Wednesday, March 11th. The shares were acquired at an average cost of GBX 179 per share, for a total transaction of £9,977.46. Also, insider Amanda Larnder purchased 7,245 shares of Synectics stock in a transaction on Monday, March 9th. The shares were acquired at an average price of GBX 171 per share, for a total transaction of £12,388.95. Over the last three months, insiders have purchased 22,819 shares of company stock worth $4,086,641. Insiders own 22.80% of the company’s stock.

Synectics Company Profile

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.