Syntec Optics Holdings, Inc. (NASDAQ:OPTX – Get Free Report)’s share price was up 2.8% on Friday . The company traded as high as $1.52 and last traded at $1.46. Approximately 79,755 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 951,778 shares. The stock had previously closed at $1.42.
Syntec Optics Trading Up 2.8%
The company has a 50 day moving average of $1.42 and a two-hundred day moving average of $1.66. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.63 and a current ratio of 1.34.
Institutional Investors Weigh In On Syntec Optics
A number of large investors have recently modified their holdings of OPTX. Tower Research Capital LLC TRC boosted its stake in Syntec Optics by 205.8% in the 4th quarter. Tower Research Capital LLC TRC now owns 11,555 shares of the company’s stock worth $29,000 after purchasing an additional 7,777 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Syntec Optics by 23.9% in the fourth quarter. Geode Capital Management LLC now owns 83,009 shares of the company’s stock worth $209,000 after buying an additional 16,033 shares during the last quarter. Blue Owl Capital Holdings LP acquired a new stake in shares of Syntec Optics during the fourth quarter worth $125,000. Two Sigma Investments LP purchased a new stake in shares of Syntec Optics during the fourth quarter valued at $31,000. Finally, Jane Street Group LLC acquired a new position in shares of Syntec Optics in the 4th quarter valued at $86,000.
Syntec Optics Company Profile
Syntec Optics Holdings, Inc manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials.
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