Shares of Synthomer plc (OTCMKTS:SYYYF – Get Free Report) were down 11.3% on Wednesday . The stock traded as low as $1.18 and last traded at $1.18. Approximately 100 shares changed hands 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 reiterated a “hold” rating on shares of Synthomer in a research report on Tuesday. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on SYYYF
Synthomer Price Performance
Synthomer Company Profile
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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