Synectics (LON:SNX) Shares Cross Above 200 Day Moving Average – Should You Sell?

Synectics plc (LON:SNX)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 201.90 ($2.62) and traded as high as GBX 250 ($3.24). Synectics shares last traded at GBX 240 ($3.11), with a volume of 59,682 shares changing hands.

Analyst Ratings Changes

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

Synectics Price Performance

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 firm has a market cap of £46.25 million, a price-to-earnings ratio of 1,444.44 and a beta of 0.69. The firm has a 50-day moving average of GBX 237.88 and a two-hundred day moving average of GBX 202.88.

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.