Syntec Optics (NASDAQ:OPTXW) Share Price Breaks Below 200 Day Moving Average – Time to Sell?

Syntec Optics Holdings, Inc. (NASDAQ:OPTXW – Get Free Report)’s share price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $1.44 and traded as low as $1.19. Syntec Optics shares last traded at $1.40, with a volume of 64,018 shares.

Syntec Optics Stock Up 17.0%

The firm’s fifty day simple moving average is $1.59 and its 200 day simple moving average is $1.46.

Syntec Optics Company Profile

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Syntec Optics Holdings, Inc is an optical technology and manufacturing company that designs and produces custom optical components, assemblies and systems. Its capabilities include polymer and glass optics, precision molding, thin-film coatings, optical design, and the manufacture of specialized components for demanding applications.

The company supplies products for aerospace and defense, space, medical, industrial and other commercial markets. Its offerings may include lenses, windows, prisms, optical assemblies and imaging systems used in applications such as surveillance, sensing, medical equipment and communications.

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