Synectics (LON:SNX) Reaches New 52-Week High at $206.00

Synectics plc (LON:SNX) shares reached a new 52-week high on Friday . The company traded as high as GBX 206 ($2.69) and last traded at GBX 205.94 ($2.69), with a volume of 122227 shares traded. The stock had previously closed at GBX 194.50 ($2.54).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Synectics in a research note on Monday.

Synectics Trading Up 5.9 %

The firm has a market cap of £36.64 million, a P/E ratio of 1,144.11 and a beta of 0.69. The company has a quick ratio of 1.42, a current ratio of 2.02 and a debt-to-equity ratio of 4.04. The firm’s 50-day simple moving average is GBX 185.62 and its 200 day simple moving average is GBX 183.22.

Synectics Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, July 25th were paid a dividend of GBX 2 ($0.03) per share. The ex-dividend date was Thursday, July 25th. This represents a yield of 1.08%. Synectics’s dividend payout ratio is currently 2,222.22%.

About Synectics

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.