Synectics (LON:SNX) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• The share price of Synectics plc has crossed above its 200-day moving average, indicating a potential bullish trend.
• Shore Capital has reaffirmed a "house stock" rating on Synectics, suggesting positive outlook from analysts.
• Synectics reported earnings of GBX 16.40 per share for its last quarter, with expectations for a total of 1560.0001173 EPS for the current fiscal year.

Synectics plc (LON:SNX - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 315.59 ($4.31) and traded as high as GBX 348 ($4.75). Synectics shares last traded at GBX 347.60 ($4.74), with a volume of 131,002 shares traded.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Synectics in a research note on Wednesday, July 16th.

Synectics Stock Performance

The stock's 50-day moving average is GBX 314.83 and its 200 day moving average is GBX 314.75. The company has a debt-to-equity ratio of 4.04, a current ratio of 2.02 and a quick ratio of 1.42. The stock has a market cap of £53.31 million, a price-to-earnings ratio of 1,261.51 and a beta of 0.69.

Synectics (LON:SNX - Get Free Report) last issued its quarterly earnings data on Tuesday, July 8th. The company reported GBX 16.40 earnings per share for the quarter. Synectics had a net margin of 5.63% and a return on equity of 7.67%. As a group, analysts predict that Synectics plc will post 1560.0001173 earnings per share for the current fiscal year.

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.