Synectics (LON:SNX) Stock Crosses Above 200 Day Moving Average of $158.27

Posted by Jessica Moore on May 25th, 2024

Synectics plc (LON:SNX – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 158.27 ($2.01) and traded as high as GBX 190 ($2.41). Synectics shares last traded at GBX 185 ($2.35), with a volume of 26,323 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Synectics in a research note on Wednesday, April 24th.

Check Out Our Latest Report on Synectics

Synectics Trading Up 2.7 %

The company has a debt-to-equity ratio of 4.99, a quick ratio of 1.42 and a current ratio of 1.96. The firm has a 50-day moving average of GBX 181.87 and a 200-day moving average of GBX 158.48. The firm has a market capitalization of £33.80 million, a P/E ratio of 1,461.54 and a beta of 0.61.

Synectics Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, April 11th were issued a GBX 3 ($0.04) dividend. This is a boost from Synectics’s previous dividend of $2.00. The ex-dividend date was Thursday, April 11th. This represents a dividend yield of 1.62%. Synectics’s dividend payout ratio (DPR) is currently 2,307.69%.

Insider Buying and Selling

In other news, insider Andrew Lockwood purchased 8,659 shares of the company’s stock in a transaction on Monday, March 25th. The stock was acquired at an average price of GBX 174 ($2.21) per share, with a total value of £15,066.66 ($19,149.29). 57.36% of the stock is owned by insiders.

About Synectics

(Get Free Report)

Synectics plc engages in the design, integration, and support of security and surveillance systems in the United Kingdom and internationally. It operates through two segments: Systems and Security. The Systems segment provides specialist electronic surveillance systems comprising Synergy, a security and surveillance software platform; and radiometrics-enabled COEX explosion-proof cameras for gaming, transport, critical infrastructure, public space, and oil and gas applications.