Synectics (LON:SNX) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Synectics plc (LON:SNXGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 304.11 ($3.93) and traded as high as GBX 334.70 ($4.32). Synectics shares last traded at GBX 334.70 ($4.32), with a volume of 46,833 shares changing hands.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on Synectics

Synectics Trading Down 1.9 %

The business has a 50 day simple moving average of GBX 333.33 and a two-hundred day simple moving average of GBX 304.30. The stock has a market cap of £53.17 million, a price-to-earnings ratio of 18.02 and a beta of 0.69. The company has a current ratio of 2.02, a quick ratio of 1.42 and a debt-to-equity ratio of 4.04.

Synectics (LON:SNXGet Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 21.60 ($0.28) earnings per share (EPS) for the quarter. Synectics had a net margin of 5.63% and a return on equity of 7.67%. As a group, equities analysts anticipate that Synectics plc will post 1560.0001173 EPS 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 given a GBX 2.50 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, April 24th. This represents a dividend yield of 0.79%. This is an increase from Synectics’s previous dividend of $2.00. Synectics’s payout ratio is presently 22.26%.

Synectics Company Profile

(Get Free Report)

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.

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