Synthomer (LON:SYNT) Hits New 12-Month Low – Should You Sell?
by Michael Walen · The Markets DailySynthomer plc (LON:SYNT – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 17.50 and last traded at GBX 17.96, with a volume of 627382 shares changing hands. The stock had previously closed at GBX 18.70.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft cut their price target on Synthomer from GBX 96 to GBX 62 and set a “hold” rating on the stock in a research report on Monday, February 2nd. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 90.50.
Read Our Latest Report on Synthomer
Synthomer Trading Up 0.7%
The company has a 50 day simple moving average of GBX 40.78 and a 200 day simple moving average of GBX 53.36. The company has a current ratio of 1.64, a quick ratio of 0.97 and a debt-to-equity ratio of 97.65. The stock has a market capitalization of £29.33 million, a PE ratio of -0.35, a P/E/G ratio of -0.17 and a beta of 1.86.
Synthomer Company Profile
Synthomer plc is a leading supplier of high-performance, highly specialised polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide.
Headquartered in London, UK and listed on the LSE since 1971, we employ c.3,900 employees across our five innovation centres of excellence and 29 manufacturing sites across Europe, North America, Middle East and Asia.