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

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

Analyst Upgrades and Downgrades

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

Synectics Stock Down 6.4%

The company has a market capitalization of £36.89 million, a PE ratio of 8.73 and a beta of 0.69. 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 firm has a 50 day simple moving average of GBX 280.38 and a two-hundred day simple moving average of GBX 302.64.

Insider Transactions at Synectics

In related news, insider Andrew Lockwood purchased 6,664 shares of the company’s stock in a transaction on Wednesday, October 8th. The stock was bought at an average price of GBX 300 per share, with a total value of £19,992. Insiders own 22.80% of the company’s stock.

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.