Syntec Optics (NASDAQ:OPTXW) Stock Jumps 2.5% – Here’s What Happened
by Kim Johansen · The Markets DailySyntec Optics Holdings, Inc. (NASDAQ:OPTXW – Get Free Report) shares were up 2.5% during mid-day trading on Thursday. The stock traded as high as $2.12 and last traded at $2.05. Approximately 15,515 shares traded hands during trading, a decline of 84% from the average session volume of 94,769 shares. The stock had previously closed at $2.00.
Syntec Optics Stock Performance
The company has a 50-day simple moving average of $1.42 and a two-hundred day simple moving average of $1.56.
Syntec Optics Company Profile
Syntec Optics Holdings, Inc is a U.S.-based designer and manufacturer of advanced optical systems and photonics products. The company supplies precision optics, optical assemblies and related components for applications in the defense, space, medical and industrial markets.
Its capabilities include the production of polymer and glass optics, precision-molded lenses, infrared optics, laser optics, optical coatings and diffractive optical elements. Syntec Optics also provides engineering, prototyping, coating, assembly and manufacturing services, allowing customers to source integrated optical solutions for specialized imaging, sensing and communications applications.
The company is headquartered in Rochester, New York, and serves customers through its U.S.-based operations.