Synectics (LON:SNX) Stock Price Up 15.9% – Time to Buy?

Synectics plc (LON:SNX)’s share price shot up 15.9% during mid-day trading on Tuesday. The company traded as high as GBX 205 and last traded at GBX 200. Approximately 107,440 shares changed hands during trading, an increase of 177% from the average daily volume of 38,815 shares. The stock had previously closed at GBX 172.50.

Synectics Stock Performance

The stock’s 50-day simple moving average is GBX 184.80 and its 200 day simple moving average is GBX 191.02. The company has a debt-to-equity ratio of 5.26, a current ratio of 2.13 and a quick ratio of 1.42. The stock has a market capitalization of £34.01 million, a P/E ratio of 45.45 and a beta of 0.66.

Synectics (LON:SNX) last released its quarterly earnings results on Tuesday, August 18th. The company reported GBX (0.10) EPS for the quarter. Synectics had a net margin of 1.29% and a return on equity of 1.64%. Research analysts expect that Synectics plc will post 1560.0001173 EPS for the current fiscal year.

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.