Synectics (LON:SNX) Share Price Crosses Above 200 Day Moving Average of $178.60

Synectics plc (LON:SNX)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 178.60 ($2.30) and traded as high as GBX 180 ($2.32). Synectics shares last traded at GBX 180 ($2.32), with a volume of 44,656 shares trading hands.

Wall Street Analyst Weigh In

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

Synectics Stock Performance

The company has a market cap of £31.13 million, a P/E ratio of 1,346.15 and a beta of 0.61. The firm has a 50 day moving average of GBX 183.79 and a 200-day moving average of GBX 178.58. The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 4.99.

Synectics Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 23rd. Stockholders of record on Thursday, July 25th will be given a GBX 2 ($0.03) dividend. The ex-dividend date is Thursday, July 25th. This represents a dividend yield of 1.08%. Synectics’s payout ratio is 2,307.69%.

About Synectics

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.