Synectics (LON:SNX) Shares Cross Above 200 Day Moving Average – What’s Next?

Synectics plc (LON:SNX) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 208.86 ($2.69) and traded as high as GBX 306 ($3.94). Synectics shares last traded at GBX 295 ($3.80), with a volume of 23,963 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Synectics in a report on Monday, September 9th.

Synectics Stock Performance

The company has a current ratio of 2.02, a quick ratio of 1.42 and a debt-to-equity ratio of 4.04. The company’s 50-day moving average is GBX 253.41 and its two-hundred day moving average is GBX 208.86. The firm has a market cap of £53.28 million, a P/E ratio of 1,638.89 and a beta of 0.69.

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.