Syntec Optics (NASDAQ:OPTX) Shares Up 8.1% – Here’s What Happened

Syntec Optics Holdings, Inc. (NASDAQ:OPTX)’s share price shot up 8.1% on Monday . The stock traded as high as $1.57 and last traded at $1.53. 31,975 shares were traded during mid-day trading, a decline of 84% from the average session volume of 205,022 shares. The stock had previously closed at $1.42.

Syntec Optics Price Performance

The company has a quick ratio of 0.65, a current ratio of 1.35 and a debt-to-equity ratio of 0.23. The firm’s 50 day moving average price is $1.32 and its two-hundred day moving average price is $1.99.

Syntec Optics (NASDAQ:OPTX) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $7.01 million for the quarter.

About Syntec Optics

Syntec Optics Holdings, Inc manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials.