Synthomer (LON:SYNT) Hits New 12-Month Low – What’s Next?

Synthomer plc (LON:SYNT) shares hit a new 52-week low during trading on Friday . The stock traded as low as GBX 18.60 and last traded at GBX 22.36, with a volume of 9209643 shares traded. The stock had previously closed at GBX 24.40.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft decreased their price target on Synthomer from GBX 96 to GBX 62 and set a “hold” rating for the company in a research note on Monday, February 2nd. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Synthomer currently has an average rating of “Hold” and a consensus target price of GBX 90.50.

Synthomer Trading Down 8.4%

The company has a debt-to-equity ratio of 78.27, a current ratio of 1.90 and a quick ratio of 0.97. The firm has a market cap of £36.55 million, a price-to-earnings ratio of -0.44, a price-to-earnings-growth ratio of -0.17 and a beta of 1.79. The firm’s fifty day moving average is GBX 57.33 and its 200-day moving average is GBX 60.09.

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.