Synthomer (OTCMKTS:SYHMY) Stock Price Up 27.4% – Still a Buy?

Synthomer plc (OTCMKTS:SYHMYGet Free Report) shares traded up 27.4% during trading on Tuesday . The stock traded as high as $0.90 and last traded at $0.90. 10,000 shares were traded during trading, an increase of 228% from the average session volume of 3,053 shares. The stock had previously closed at $0.7062.

Synthomer Stock Performance

The business has a 50-day moving average price of $0.71 and a 200-day moving average price of $1.23.

About Synthomer

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Synthomer plc (OTCMKTS:SYHMY) is a global specialty polymer company headquartered in the United Kingdom. The company develops, manufactures and supplies a broad range of water-based polymer solutions to customers in industries such as adhesives, coatings, construction, textiles and personal care. With production sites across Europe, Asia and the Americas, Synthomer serves multinational and regional clients seeking high-performance emulsions, dispersions, polymer powders and functional additives.

The company’s product portfolio includes acrylic and styrene-butadiene latexes, vinyl emulsions, acrylic polymer powders and specialty additives designed to enhance product performance in end-use applications.

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