Synectics (LON:SNX) Hits New 12-Month High at $200.00

Synectics plc (LON:SNX)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 200 ($2.56) and last traded at GBX 197.39 ($2.53), with a volume of 387823 shares changing hands. The stock had previously closed at GBX 184 ($2.36).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Synectics in a research note on Tuesday.

Synectics Trading Up 7.3 %

The company has a quick ratio of 1.42, a current ratio of 1.96 and a debt-to-equity ratio of 4.99. The firm has a market cap of £35.12 million, a price-to-earnings ratio of 1,538.46 and a beta of 0.61. The business has a 50 day moving average price of GBX 183.82 and a 200-day moving average price of GBX 174.82.

Synectics Cuts Dividend

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

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.