Synectics (LON:SNX) Trading 16.1% Higher – Here’s What Happened

Shares of Synectics plc (LON:SNX) shot up 16.1% during trading on Monday . The stock traded as high as GBX 358 ($4.57) and last traded at GBX 357.75 ($4.57). 168,981 shares changed hands during mid-day trading, an increase of 246% from the average session volume of 48,777 shares. The stock had previously closed at GBX 308.10 ($3.94).

Wall Street Analyst Weigh In

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

Synectics Stock Performance

The company has a debt-to-equity ratio of 4.04, a current ratio of 2.02 and a quick ratio of 1.42. The firm has a market cap of £61.97 million, a P/E ratio of 1,922.22 and a beta of 0.69. The stock’s 50 day moving average is GBX 286.33 and its two-hundred day moving average is GBX 225.60.

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.