Synectics (LON:SNX) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Synectics plc (LON:SNXGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 313.75 ($4.18) and traded as low as GBX 281.65 ($3.75). Synectics shares last traded at GBX 287.49 ($3.83), with a volume of 15,898 shares traded.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on SNX

Synectics Stock Performance

The firm’s fifty day moving average price is GBX 305.95 and its 200 day moving average price is GBX 313.75. 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 stock has a market capitalization of £47.96 million, a price-to-earnings ratio of 11.35 and a beta of 0.69.

Insider Buying and Selling

In other news, insider Andrew Lockwood purchased 6,664 shares of the stock in a transaction dated Wednesday, October 8th. The stock was acquired at an average cost of GBX 300 per share, for a total transaction of £19,992. 22.76% of the stock is owned by company insiders.

About Synectics

(Get Free Report)

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.

Further Reading

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