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Senior (OTC:SNIRF) Shares Down 4.3% - What's Next?

Senior logo with Construction background

Key Points

  • Sparks of concern arose as Senior plc's shares dropped 4.3% on Tuesday, trading at C$2.62, marking a significant decline in daily volume.
  • Despite the recent dip, analysts from Deutsche Bank maintain a "buy" rating on the stock, contributing to an overall average rating of "Buy" for Senior.
  • Senior plc specializes in high-technology components for industries such as aerospace, defense, and energy, showcasing a diverse operational footprint across the globe.
  • Five stocks to consider instead of Senior.

Senior plc (OTC:SNIRF - Get Free Report) was down 4.3% during trading on Tuesday . The company traded as low as C$2.62 and last traded at C$2.62. Approximately 1,000 shares traded hands during trading, a decline of 52% from the average daily volume of 2,100 shares. The stock had previously closed at C$2.74.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Senior in a research report on Tuesday, August 5th. One analyst has rated the stock with a Buy rating, According to MarketBeat, Senior presently has an average rating of "Buy".

Read Our Latest Report on Senior

Senior Stock Down 4.3%

The business has a 50 day moving average of C$2.62 and a 200 day moving average of C$2.32. The company has a quick ratio of 0.70, a current ratio of 1.56 and a debt-to-equity ratio of 0.36.

About Senior

(Get Free Report)

Senior plc designs, manufactures, and sells high-technology components and systems for the principal original equipment manufacturers in the aerospace, defense, land vehicle, and power and energy markets in the United States, the United Kingdom, and internationally. It operates in two segments, Aerospace and Flexonics.

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