NASDAQ:SYNL - Synalloy Stock Price, Forecast & News

Synalloy's stock was trading at $11.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SYNL stock has decreased by 18.8% and is now trading at $9.00. View which stocks have been mosted impacted by Coronavirus.

Synalloy is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Synalloy.

Synalloy Co. (NASDAQ:SYNL) issued its quarterly earnings data on Friday, March, 6th. The industrial products company reported ($0.09) EPS for the quarter. The industrial products company earned $67.95 million during the quarter. Synalloy had a negative return on equity of 1.23% and a negative net margin of 0.99%. View Synalloy's earnings history.

Synalloy issued an update on its FY 2020 Pre-Market earnings guidance on Friday, March, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $295-310 million.

News coverage about SYNL stock has been trending positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Synalloy earned a news sentiment score of 2.1 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutSynalloy.

Synalloy saw a increase in short interest in March. As of March 13th, there was short interest totaling 150,500 shares, an increase of 35.1% from the February 27th total of 111,400 shares. Based on an average daily trading volume, of 79,600 shares, the short-interest ratio is presently 1.9 days. Approximately 2.0% of the shares of the stock are sold short. View Synalloy's Current Options Chain.

Some companies that are related to Synalloy include Century Aluminum (CENX), Luxfer (LXFR), Ituran Location and Control Ltd. (US) (ITRN), Manitowoc (MTW), Ag Growth International (AFN), Senior (SNR), Renew (RNWH), Insteel Industries (IIIN), Napco Security Technologies (NSSC), UFP Technologies (UFPT), CIRCOR International (CIR), Lawson Products (LAWS), Powell Industries (POWL), DXP Enterprises (DXPE) and Abbey (ABBY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Synalloy investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Chipotle Mexican Grill (CMG), Eaton Vance Floating-Rate Income Trust (EFT), Transocean (RIG), Precision Drilling (PD), AEGON (AEG) and AutoZone (AZO).

Synalloy trades on the NASDAQ under the ticker symbol "SYNL."

Synalloy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (11.23%), PenderFund Capital Management Ltd. (2.03%), Renaissance Technologies LLC (1.76%), State Street Corp (1.45%), Minerva Advisors LLC (0.88%) and Bank of New York Mellon Corp (0.29%). Company insiders that own Synalloy stock include Craig C Bram, Fund Lp Privet, Henry L Guy, James W Terry Jr, Kyle Pennington J, Murray H Wright, Privet Fund Management Llc, Sarah M Cunningham and Steven Baroff. View institutional ownership trends for Synalloy.

SYNL stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Royce & Associates LP, and Minerva Advisors LLC. View insider buying and selling activity for Synalloy.

SYNL stock was bought by a variety of institutional investors in the last quarter, including PenderFund Capital Management Ltd., Goldman Sachs Group Inc., State Street Corp, UBS Group AG, Renaissance Technologies LLC, and Barclays PLC. Company insiders that have bought Synalloy stock in the last two years include Craig C Bram, Fund Lp Privet, Henry L Guy, James W Terry Jr, Kyle Pennington J, Murray H Wright, Privet Fund Management Llc, Sarah M Cunningham, and Steven Baroff. View insider buying and selling activity for Synalloy.

Shares of SYNL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SYNL stock can currently be purchased for approximately $9.00.

Synalloy has a market capitalization of $82.06 million and generates $305.17 million in revenue each year. Synalloy employs 607 workers across the globe. View additional information about Synalloy.

The official website for Synalloy is http://www.synalloy.com/.

Synalloy's mailing address is 4510 COX ROAD SUITE 201, RICHMOND VA, 23060. The industrial products company can be reached via phone at 804-822-3260 or via email at [email protected]