Synthomer (LON:SYNT) Hits New 52-Week Low – Here’s What Happened

Synthomer plc (LON:SYNT)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 17.50 and last traded at GBX 17.96, with a volume of 627382 shares. The stock had previously closed at GBX 18.70.

Analysts Set New Price Targets

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

Synthomer Price Performance

The company has a market capitalization of £29.36 million, a price-to-earnings ratio of -0.35, a price-to-earnings-growth ratio of -0.17 and a beta of 1.86. The company has a 50-day moving average price of GBX 42.59 and a 200-day moving average price of GBX 53.95. The company has a debt-to-equity ratio of 97.65, a quick ratio of 0.97 and a current ratio of 1.64.

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.