Synectics (LON:SNX) Stock Crosses Above Two Hundred Day Moving Average – Should You Sell?

Synectics plc (LON:SNX) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 308.66 ($4.00) and traded as high as GBX 310 ($4.01). Synectics shares last traded at GBX 304 ($3.93), with a volume of 12,462 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Synectics in a research note on Thursday, December 5th.

Synectics Price Performance

The company has a debt-to-equity ratio of 4.04, a current ratio of 2.02 and a quick ratio of 1.42. The stock has a 50 day moving average price of GBX 328.41 and a 200-day moving average price of GBX 308.59. The stock has a market capitalization of £49.23 million, a price-to-earnings ratio of 16.68 and a beta of 0.69.

Synectics (LON:SNX) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX 21.60 ($0.28) earnings per share for the quarter. Synectics had a net margin of 5.63% and a return on equity of 7.67%. On average, analysts forecast that Synectics plc will post 1560.0001173 earnings per share for the current year.

Synectics Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, April 24th will be issued a dividend of GBX 2.50 ($0.03) per share. This is a boost from Synectics’s previous dividend of $2.00. This represents a dividend yield of 0.79%. The ex-dividend date of this dividend is Thursday, April 24th. Synectics’s payout ratio is currently 22.26%.

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.