Synectics (LON:SNX) Stock Crosses Below 200 Day Moving Average – Here’s Why

Synectics plc (LON:SNX) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Analyst Weigh In

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

Synectics Stock Down 0.0%

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

Insider Activity at Synectics

In other Synectics news, insider Andrew Lockwood acquired 6,664 shares of Synectics stock in a transaction dated Wednesday, October 8th. The stock was bought at an average cost of GBX 300 per share, with a total value of £19,992. 22.80% of the stock is currently owned by company insiders.

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.