Synectics (LON:SNX) Stock Crosses Below 200-Day Moving Average – What’s Next?

Synectics plc (LON:SNXGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 305.19 and traded as low as GBX 284.78. Synectics shares last traded at GBX 284.88, with a volume of 15,822 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Synectics in a report on Thursday, October 16th.

Check Out Our Latest Research Report on SNX

Synectics Price Performance

The company has a debt-to-equity ratio of 4.04, a quick ratio of 1.42 and a current ratio of 2.02. The firm has a market cap of £47.77 million, a price-to-earnings ratio of 11.30 and a beta of 0.69. The company’s fifty day moving average is GBX 284.14 and its two-hundred day moving average is GBX 305.19.

Insiders Place Their Bets

In other news, insider Andrew Lockwood bought 6,664 shares of the firm’s stock in a transaction that occurred on Wednesday, October 8th. The stock was acquired at an average price of GBX 300 per share, with a total value of £19,992. 22.80% of the stock is owned by corporate insiders.

About Synectics

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Synectics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Synectics and related companies with MarketBeat.com's FREE daily email newsletter.