Synectics (LON:SNX) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Shares of Synectics plc (LON:SNX) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 313.30 ($4.15) and traded as high as GBX 314.50 ($4.16). Synectics shares last traded at GBX 312.50 ($4.14), with a volume of 47,416 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “house stock” rating on shares of Synectics in a research note on Monday, March 31st.

Synectics Stock Up 8.7 %

The firm has a market cap of £51.33 million, a price-to-earnings ratio of 17.39 and a beta of 0.69. The stock’s 50 day moving average is GBX 314.56 and its 200 day moving average is GBX 313.30. The company has a quick ratio of 1.42, a current ratio of 2.02 and a debt-to-equity ratio of 4.04.

Synectics (LON:SNX) last released its earnings results on Tuesday, March 4th. The company reported GBX 21.60 ($0.29) earnings per share (EPS) for the quarter. Synectics had a return on equity of 7.67% and a net margin of 5.63%. Analysts forecast that Synectics plc will post 1560.0001173 EPS for the current year.

Synectics Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 24th will be given a GBX 2.50 ($0.03) dividend. This is a positive change from Synectics’s previous dividend of $2.00. The ex-dividend date is Thursday, April 24th. This represents a yield of 0.79%. Synectics’s payout ratio is 22.26%.

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.