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

Synectics plc (LON:SNX)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 308.66 ($4.00) and traded as high as GBX 310 ($4.01). Synectics shares last traded at GBX 304 ($3.94), with a volume of 12,462 shares.

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.

Synectics Trading Down 1.0 %

The business has a 50-day moving average of GBX 329.04 and a 200-day moving average of GBX 308.66. The stock has a market capitalization of £49.93 million, a price-to-earnings ratio of 16.92 and a beta of 0.69. 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 (LON:SNX) last announced its 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, research analysts forecast that Synectics plc will post 1560.0001173 EPS for the current year.

Synectics Increases Dividend

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

About Synectics

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.