ValuEngine lowered shares of Syncora Holdings Ltd. (OTCMKTS:SYCRF) from a buy rating to a hold rating in a research note issued to investors on Friday.

Syncora Holdings (OTCMKTS SYCRF) opened at 2.06 on Friday. Syncora Holdings has a one year low of $1.10 and a one year high of $2.50. The firm has a market capitalization of $178.74 million, a P/E ratio of 2.45 and a beta of 2.18. The company’s 50-day moving average is $2.30 and its 200-day moving average is $2.25.

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Syncora Holdings Company Profile

Syncora Holdings Ltd. is a holding company. The Company operates through its subsidiary, Syncora Guarantee Inc, a monoline financial guarantee insurance provider. The Company, through Syncora Guarantee Inc, provides credit enhancement for the obligations of debt issuers across the world. Syncora Guarantee Inc guarantees the United States municipal bonds; asset-backed securities; debt backed by utilities and selected infrastructure projects; specialized risks, including future flow securitizations and bank deposit insurance, and collateralized debt obligations (CDOs).

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