Synthomer (OTCMKTS:SYYYF) Stock Price Down 11.3% – Time to Sell?

Synthomer plc (OTCMKTS:SYYYFGet Free Report) shares were down 11.3% on Wednesday . The stock traded as low as $1.18 and last traded at $1.18. 100 shares were traded during trading, a decline of 93% from the average daily volume of 1,400 shares. The stock had previously closed at $1.33.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Synthomer in a research report on Tuesday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Synthomer presently has an average rating of “Hold”.

Read Our Latest Report on Synthomer

Synthomer Stock Down 11.3%

The business has a 50 day moving average of $1.31 and a 200 day moving average of $0.99.

Synthomer Company Profile

(Get Free Report)

Synthomer plc is a UK‐based specialty chemicals company that develops, manufactures and supplies synthetic polymers and latex products to a broad range of industries. The company’s portfolio includes emulsion polymers, synthetic latex, styrene butadiene and nitrile dispersions, as well as functional additives for coatings, adhesives, sealants and construction markets. Its solutions are designed to enhance performance in applications such as paints and coatings, paper and packaging, textiles, hygiene products and engineered materials.

Synthomer’s core activities center on research and development of water‐based polymer technologies.

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