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Syntec Optics (NASDAQ:OPTX) Trading Down 6.7% - Here's What Happened

Syntec Optics logo with Business Services background

Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Get Free Report)'s share price was down 6.7% on Monday . The company traded as low as $1.85 and last traded at $1.96. Approximately 122,726 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 318,608 shares. The stock had previously closed at $2.10.

Syntec Optics Stock Performance

The company has a quick ratio of 0.63, a current ratio of 1.34 and a debt-to-equity ratio of 0.38. The company's 50 day simple moving average is $2.02 and its 200 day simple moving average is $1.61.

Syntec Optics Company Profile

(Get Free Report)

Syntec Optics Holdings, Inc manufactures and supplies integrated optics for biomedical, defense and military, consumer, and other applications. It offers camera modules; tool design, design for manufacturing, optical and opto-mechanical design, and moldflow analysis; SPDT optics, such as freedom optics, microlens arrays, spheres and aspheres, diffractives, SPDT materials, and optical tooling; replicative molding, that includes polymer and glass molding, and molded production materials; thin film coating and coating curve materials; and precision machining and precision machining materials.

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