Synectics’ (SNX) House Stock Rating Reiterated at Shore Capital

Shore Capital reiterated their house stock rating on shares of Synectics (LON:SNX) in a research note published on Tuesday, Marketbeat Ratings reports.

Synectics Stock Performance

Shares of SNX stock opened at GBX 184 ($2.36) on Tuesday. The company has a debt-to-equity ratio of 4.99, a quick ratio of 1.42 and a current ratio of 1.96. Synectics has a 52 week low of GBX 92.40 ($1.18) and a 52 week high of GBX 200 ($2.56). The company’s 50 day moving average price is GBX 183.94 and its two-hundred day moving average price is GBX 174.52. The company has a market capitalization of £32.73 million, a P/E ratio of 1,435.15 and a beta of 0.61.

Synectics Cuts Dividend

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

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.