Synectics (LON:SNX) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Synectics plc (LON:SNX) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 201.90 ($2.62) and traded as high as GBX 250 ($3.24). Synectics shares last traded at GBX 240 ($3.11), with a volume of 59,682 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Synectics in a research report on Monday, September 9th.

Synectics Stock Performance

The firm has a market capitalization of £46.25 million, a price-to-earnings ratio of 1,444.44 and a beta of 0.69. The firm’s 50-day moving average price is GBX 237.88 and its two-hundred day moving average price is GBX 202.88. The company has a debt-to-equity ratio of 4.04, a quick ratio of 1.42 and a current ratio of 2.02.

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.