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

Synectics plc (LON:SNX) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 218.15 and traded as low as GBX 195. Synectics shares last traded at GBX 198.21, with a volume of 6,382 shares trading hands.

Synectics Price Performance

The company has a market capitalization of £33.74 million, a PE ratio of 9.10 and a beta of 0.67. The company has a current ratio of 2.06, a quick ratio of 1.42 and a debt-to-equity ratio of 3.78. The company’s 50 day moving average price is GBX 195.72 and its 200-day moving average price is GBX 217.56.

Synectics (LON:SNX) last released its quarterly earnings data on Tuesday, March 3rd. The company reported GBX 28.30 earnings per share for the quarter. Synectics had a return on equity of 8.48% and a net margin of 5.44%. On average, sell-side analysts forecast that Synectics plc will post 1560.0001173 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Paul Williams acquired 5,574 shares of Synectics stock in a transaction dated Wednesday, March 11th. The shares were acquired at an average cost of GBX 179 per share, with a total value of £9,977.46. Also, insider Amanda Larnder acquired 7,245 shares of Synectics stock in a transaction dated Monday, March 9th. The stock was purchased at an average cost of GBX 171 per share, for a total transaction of £12,388.95. 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.