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

Synectics plc (LON:SNX) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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’s 50-day simple moving average is GBX 189.81 and its 200-day simple moving average is GBX 221.37. The company has a quick ratio of 1.42, a current ratio of 2.06 and a debt-to-equity ratio of 3.78. The firm has a market capitalization of £34.17 million, a PE ratio of 9.22 and a beta of 0.67.

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

Insider Transactions at Synectics

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