Synectics plc (LON:SNX – Get Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as GBX 268 ($3.54) and last traded at GBX 267.94 ($3.54), with a volume of 84211 shares changing hands. The stock had previously closed at GBX 245 ($3.24).
Wall Street Analysts Forecast Growth
Separately, Shore Capital restated a “house stock” rating on shares of Synectics in a research report on Monday, September 9th.
Synectics Trading Up 9.4 %
Synectics Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, August 23rd. Shareholders of record on Thursday, July 25th were given a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend was Thursday, July 25th. This represents a yield of 1.08%. Synectics’s payout ratio is presently 2,222.22%.
Synectics Company Profile
Synectics plc engages in the design, integration, and support of security and surveillance systems in the United Kingdom and internationally. It operates through two segments: Systems and Security. The Systems segment provides specialist electronic surveillance systems comprising Synergy, a security and surveillance software platform; and radiometrics-enabled COEX explosion-proof cameras for gaming, transport, critical infrastructure, public space, and oil and gas applications.
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