Synectics (LON:SNX) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Synectics plc (LON:SNX) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 221.37 and traded as low as GBX 192.40. Synectics shares last traded at GBX 200.89, with a volume of 28,071 shares trading hands.

Synectics Trading Up 1.7%

The firm has a market cap of £34.17 million, a P/E ratio of 9.22 and a beta of 0.67. The company has a debt-to-equity ratio of 3.78, a current ratio of 2.06 and a quick ratio of 1.42. The stock has a 50 day moving average of GBX 189.81 and a 200 day moving average of GBX 221.37.

Synectics (LON:SNX) last released its earnings results on Tuesday, March 3rd. The company reported GBX 28.30 EPS for the quarter. Synectics had a return on equity of 8.48% and a net margin of 5.44%. As a group, equities research analysts predict that Synectics plc will post 1560.0001173 EPS for the current year.

Insider Buying and Selling at Synectics

In other Synectics news, insider Jon Kempster purchased 10,000 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was acquired at an average cost of GBX 185 per share, for a total transaction of £18,500. Also, insider Amanda Larnder purchased 7,245 shares of the business’s stock in a transaction on Monday, March 9th. The shares were acquired at an average price of GBX 171 per share, with a total value of £12,388.95. Insiders acquired a total of 22,819 shares of company stock worth $4,086,641 over the last three months. Company insiders own 22.80% of the company’s stock.

About Synectics

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.