Synthomer plc (LON:SYNT) Insider Purchases £19,720.80 in Stock

Synthomer plc (LON:SYNT) insider Janet E. Ashdown purchased 19,920 shares of the stock in a transaction on Thursday, July 3rd. The shares were acquired at an average cost of GBX 99 ($1.35) per share, for a total transaction of £19,720.80 ($26,907.90).

Synthomer Price Performance

Synthomer stock opened at GBX 93.90 ($1.28) on Friday. Synthomer plc has a 12 month low of GBX 78.20 ($1.07) and a 12 month high of GBX 296 ($4.04). The stock’s 50 day moving average is GBX 103.71 and its 200-day moving average is GBX 119.29. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 78.27. The company has a market capitalization of £153.97 million, a price-to-earnings ratio of -1.88, a PEG ratio of -0.17 and a beta of 1.79.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank downgraded Synthomer to a “hold” rating and lowered their price target for the stock from GBX 230 ($3.14) to GBX 150 ($2.05) in a research report on Wednesday, March 12th.

About Synthomer

Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide.

Headquartered in London, UK and listed on the LSE since 1971, we employ c.3,900 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.