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

Synectics plc (LON:SNX) shares hit 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 Stock Performance

The firm’s 50 day moving average is GBX 215.07 and its two-hundred day moving average is GBX 258.31. The company has a debt-to-equity ratio of 3.78, a quick ratio of 1.42 and a current ratio of 2.06. The stock has a market capitalization of £27.33 million, a PE ratio of 6.47 and a beta of 0.51.

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

Insider Buying and Selling at Synectics

In other news, insider Amanda Larnder bought 7,245 shares of the company’s stock in a transaction on Monday, March 9th. The shares were bought at an average cost of GBX 171 per share, with a total value of £12,388.95. Also, insider Jon Kempster bought 10,000 shares of Synectics stock in a transaction dated Tuesday, March 3rd. The stock was acquired at an average cost of GBX 185 per share, for a total transaction of £18,500. Insiders have bought a total of 22,819 shares of company stock valued at $4,086,641 in the last three months. 22.80% of the stock is currently owned by company 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.