Synectics (LON:SNX) Stock Breaks Above 50 Day Moving Average – Here’s Why

Shares of Synectics plc (LON:SNX) crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of GBX 187.51 and traded as high as GBX 194.75. Synectics shares last traded at GBX 194.75, with a volume of 24,899 shares trading hands.

Synectics Price Performance

The firm has a market capitalization of £33.12 million, a P/E ratio of 44.26 and a beta of 0.66. The firm has a 50 day moving average price of GBX 187.51 and a 200-day moving average price of GBX 196.77. The company has a current ratio of 2.13, a quick ratio of 1.42 and a debt-to-equity ratio of 5.26.

Synectics (LON:SNX) last announced its earnings results on Tuesday, August 18th. The company reported GBX (0.10) EPS for the quarter. Synectics had a return on equity of 1.64% and a net margin of 1.29%. On average, analysts expect that Synectics plc will post 1560.00 earnings per share for the current year.

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.