Synectics (LON:SNX) Sets New 12-Month High – Still a Buy?

Shares of Synectics plc (LON:SNX) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 360 ($4.51) and last traded at GBX 359 ($4.49), with a volume of 130656 shares. The stock had previously closed at GBX 352 ($4.40).

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Synectics in a report on Thursday, December 5th.

Synectics Stock Performance

The stock’s 50 day moving average is GBX 311.84 and its two-hundred day moving average is GBX 244.26. The stock has a market capitalization of £63.84 million, a price-to-earnings ratio of 1,993.75 and a beta of 0.69. The company has a current ratio of 2.02, a quick ratio of 1.42 and a debt-to-equity ratio of 4.04.

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.