Synectics (LON:SNX) Stock Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Synectics plc (LON:SNX) shares have crossed above their 200-day moving average of GBX 320.18, indicating potential upward momentum.
• The stock currently trades at GBX 317.25, with a market capitalization of £52.11 million and a price-to-earnings ratio of 17.66.
• Analysts expect Synectics to post an earnings per share (EPS) of 1560.0001173 for the current year, following a reported EPS of GBX 16.40 in their last earnings results.

Synectics plc (LON:SNX - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 320.18 ($4.32) and traded as high as GBX 324 ($4.37). Synectics shares last traded at GBX 317.25 ($4.28), with a volume of 36,828 shares changing hands.

Analysts Set New Price Targets

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

Synectics Price Performance

The firm has a 50 day moving average price of GBX 317.51 and a two-hundred day moving average price of GBX 320. The firm has a market capitalization of £50.51 million, a price-to-earnings ratio of 17.11 and a beta of 0.69. The company has a current ratio of 2.02, a quick ratio of 1.42 and a debt-to-equity ratio of 4.04.

Synectics (LON:SNX - Get Free Report) last released its quarterly earnings results on Tuesday, July 8th. The company reported GBX 16.40 ($0.22) EPS for the quarter. Synectics had a return on equity of 7.67% and a net margin of 5.63%. On average, equities analysts expect 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.