Synthomer (LON:SYNT) Reaches New 12-Month Low – Here’s What Happened

Synthomer plc (LON:SYNT) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 17.80 and last traded at GBX 17.80, with a volume of 963662 shares trading hands. The stock had previously closed at GBX 19.74.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Synthomer from GBX 96 to GBX 62 and set a “hold” rating for the company in a report on Monday, February 2nd. Four research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of GBX 90.50.

Synthomer Stock Performance

The firm’s 50-day moving average price is GBX 46.93 and its 200-day moving average price is GBX 55.55. The company has a debt-to-equity ratio of 97.65, a current ratio of 1.64 and a quick ratio of 0.97. The stock has a market cap of £29.75 million, a P/E ratio of -0.36, a PEG ratio of -0.17 and a beta of 1.79.

About Synthomer

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.