Synectics (LON:SNX) Hits New 52-Week Low – Time to Sell?

Synectics plc (LON:SNX) hit a new 52-week low on Thursday . The company traded as low as GBX 190 and last traded at GBX 201, with a volume of 187658 shares traded. The stock had previously closed at GBX 202.50.

Wall Street Analysts Forecast Growth

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

Synectics Trading Down 0.7%

The firm has a market capitalization of £33.70 million, a price-to-earnings ratio of 7.98 and a beta of 0.69. The company has a quick ratio of 1.42, a current ratio of 2.02 and a debt-to-equity ratio of 4.04. The business’s fifty day moving average is GBX 254.99 and its 200 day moving average is GBX 289.33.

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.