Synectics (LON:SNX) Shares Down 14.5% – Here’s What Happened

Synectics plc (LON:SNX)’s share price was down 14.5% during trading on Tuesday . The stock traded as low as GBX 176.11 and last traded at GBX 177.35. Approximately 134,387 shares changed hands during mid-day trading, an increase of 217% from the average session volume of 42,446 shares. The stock had previously closed at GBX 207.50.

Synectics Trading Down 3.3%

The company has a debt-to-equity ratio of 5.26, a quick ratio of 1.42 and a current ratio of 2.13. The company has a 50 day moving average of GBX 194.93 and a 200 day moving average of GBX 198.36. The firm has a market cap of £30.02 million, a P/E ratio of 8.10 and a beta of 0.65.

Synectics (LON:SNX) last released its earnings results on Tuesday, August 18th. The company reported GBX (0.10) earnings per share (EPS) for the quarter. Synectics had a net margin of 1.29% and a return on equity of 1.64%. Analysts predict that Synectics plc will post 1560.0001173 EPS for the current fiscal year.

About Synectics

Synectics is a global leader in the design, integration, and support of advanced security and surveillance systems that enable clients around the world to protect their people, communities, and assets. Founded over 30 years ago, Synectics has deep industry experience across gaming, energy, urban transport, public space, custodial and critical infrastructure projects.

The group’s expert engineering teams work in partnership with customers to create integrated product and technology solutions, proven in the most complex and demanding operating environments.