Synectics (LON:SNX) Sets New 52-Week High at $278.60

Synectics plc (LON:SNX) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 278.60 ($3.73) and last traded at GBX 274.80 ($3.68), with a volume of 151066 shares changing hands. The stock had previously closed at GBX 260 ($3.48).

Analyst Upgrades and Downgrades

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

Synectics Stock Performance

The stock’s 50-day moving average price is GBX 198.76 and its 200-day moving average price is GBX 188.57. 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 has a market capitalization of £48.89 million, a P/E ratio of 1,472.22 and a beta of 0.69.

Synectics Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 23rd. Investors of record on Thursday, July 25th were paid 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 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.