Synectics (LON:SNX) Sets New 1-Year High at $268.00

Synectics plc (LON:SNX) shares reached a new 52-week high on Monday . The company traded as high as GBX 268 ($3.54) and last traded at GBX 267.94 ($3.54), with a volume of 84211 shares trading 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 note on Monday, September 9th.

Synectics Price Performance

The firm has a 50 day moving average price of GBX 190.34 and a two-hundred day moving average price of GBX 184.99. The company has a market cap of £47.67 million, a P/E ratio of 1,361.11 and a beta of 0.69. The company has a debt-to-equity ratio of 4.04, a quick ratio of 1.42 and a current ratio of 2.02.

Synectics Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 23rd. Stockholders of record on Thursday, July 25th were given a GBX 2 ($0.03) dividend. This represents a dividend yield of 1.08%. The ex-dividend date was Thursday, July 25th. Synectics’s dividend payout ratio (DPR) is currently 2,222.22%.

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.