Synectics’ (SNX) “House Stock” Rating Reaffirmed at Shore Capital

Shore Capital restated their house stock rating on shares of Synectics (LON:SNX) in a report published on Wednesday, MarketBeat reports.

Synectics Trading Up 0.3 %

LON SNX opened at GBX 188 ($2.32) on Wednesday. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 4.99. Synectics has a 52 week low of GBX 92.40 ($1.14) and a 52 week high of GBX 200 ($2.47). The stock has a market capitalization of £33.45 million, a PE ratio of 1,442.31 and a beta of 0.64. The firm has a 50 day moving average of GBX 179.43 and a two-hundred day moving average of GBX 147.38.

Synectics Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, April 11th will be issued a dividend of GBX 3 ($0.04) per share. This represents a yield of 1.62%. The ex-dividend date is Thursday, April 11th. This is a boost from Synectics’s previous dividend of $2.00. Synectics’s payout ratio is 2,307.69%.

Insider Activity

In related news, insider Andrew Lockwood bought 8,659 shares of the stock in a transaction dated Monday, March 25th. The stock was acquired at an average price of GBX 174 ($2.15) per share, for a total transaction of £15,066.66 ($18,610.00). Company insiders own 57.30% of the company’s stock.

Synectics Company Profile

Synectics plc engages in the design, integration, and support of security and surveillance systems in the United Kingdom and internationally. It operates through two segments: Systems and Security. The Systems segment provides specialist electronic surveillance systems comprising Synergy, a security and surveillance software platform; and radiometrics-enabled COEX explosion-proof cameras for gaming, transport, critical infrastructure, public space, and oil and gas applications.