Syntec Optics Holdings Inc (NASDAQ:OPTX) does about 2.65M shares in volume on a normal day but saw 2251467 shares change hands in the recent trading day. The company now has a market cap of 114.47M USD. Its current market price is $3.12, marking a decrease of -10.86% compared to the previous close of $3.50. The 52 week high reached by this stock is $8.39 whilst the lowest price level in 52 weeks is $0.85.
Syntec Optics Holdings Inc (OPTX) has a 20-day trading average at $1.48 and the current price is -62.81% off the 52-week high compared with 269.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.40 and its 200-day simple moving average is $2.31. If we look at the stock’s price movements over the week, volatility stands at 62.46%, which decreases to 31.72% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.61 to suggest the stock is neutral.
The current price level is 110.11%, 123.25%, and 35.22% away from its SMA20, SMA50, and SMA200 respectively, with the OPTX price moving below the 50-day SMA on current market day. Syntec Optics Holdings Inc (OPTX) stock is up 75.28% over the week and 247.44% over the past month. Its price is -37.97% year-to-date and -39.88% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 36.69M with insiders holding 83.49% of the shares and institutional holders owning 0.93% of the company’s common stock. The company has a return on investment of 0.81% and return on equity of 0.17%. The beta has a value of -1.62. Price to book ratio is 9.44.
