Weiss Ratings Reiterates Sell (D) Rating for Syntec Optics (NASDAQ:OPTX)

Syntec Optics (NASDAQ:OPTX)‘s stock had its “sell (d)” rating restated by Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

Syntec Optics Trading Down 1.0%

Shares of NASDAQ:OPTX opened at $2.83 on Friday. The stock has a market capitalization of $104.48 million, a PE ratio of -70.75 and a beta of -1.17. Syntec Optics has a 1 year low of $0.85 and a 1 year high of $5.10. The firm has a fifty day moving average price of $1.83 and a 200 day moving average price of $1.61. The company has a current ratio of 1.42, a quick ratio of 0.65 and a debt-to-equity ratio of 0.36.

Syntec Optics (NASDAQ:OPTX) last issued its quarterly earnings data on Friday, October 3rd. The company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $6.56 million during the quarter. Syntec Optics had a negative return on equity of 13.81% and a negative net margin of 5.46%.

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.