Synectics (LON:SNX) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Synectics plc (LON:SNX) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 252.51 and traded as low as GBX 165. Synectics shares last traded at GBX 172, with a volume of 45,336 shares traded.

Synectics Trading Up 1.2%

The firm’s fifty day moving average is GBX 209.26 and its two-hundred day moving average is GBX 252.51. The firm has a market cap of £28.84 million, a P/E ratio of 6.83 and a beta of 0.51. The company has a quick ratio of 1.42, a current ratio of 2.06 and a debt-to-equity ratio of 3.78.

Synectics (LON:SNX) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 28.30 earnings per share for the quarter. Synectics had a return on equity of 8.48% and a net margin of 5.44%. Analysts predict that Synectics plc will post 1560.0001173 earnings per share for the current fiscal year.

Insider Transactions at Synectics

In other news, insider Jon Kempster purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of GBX 185 per share, for a total transaction of £18,500. Also, insider Paul Williams purchased 5,574 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of GBX 179 per share, for a total transaction of £9,977.46. Over the last three months, insiders have purchased 22,819 shares of company stock valued at $4,086,641. Insiders own 22.80% of the company’s stock.

Synectics Company Profile

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.