Shares of Syntec Optics Holdings, Inc. (NASDAQ:OPTX - Get Free Report) traded up 1.3% during trading on Friday . The stock traded as high as $1.64 and last traded at $1.60. 84,608 shares traded hands during trading, a decline of 58% from the average session volume of 200,147 shares. The stock had previously closed at $1.58.
Syntec Optics Trading Up 1.3 %
The company has a current ratio of 1.34, a quick ratio of 0.63 and a debt-to-equity ratio of 0.38. The stock's 50-day moving average is $2.29 and its 200 day moving average is $1.62.
Institutional Trading of Syntec Optics
Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC raised its stake in shares of Syntec Optics by 205.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,555 shares of the company's stock worth $29,000 after purchasing an additional 7,777 shares in the last quarter. Two Sigma Investments LP acquired a new position in Syntec Optics in the fourth quarter worth approximately $31,000. Jane Street Group LLC bought a new position in Syntec Optics during the fourth quarter valued at approximately $86,000. Blue Owl Capital Holdings LP acquired a new stake in Syntec Optics in the fourth quarter valued at approximately $125,000. Finally, Geode Capital Management LLC grew its position in Syntec Optics by 23.9% in the fourth quarter. Geode Capital Management LLC now owns 83,009 shares of the company's stock worth $209,000 after acquiring an additional 16,033 shares in the last quarter.
About Syntec Optics
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Syntec Optics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Syntec Optics wasn't on the list.
While Syntec Optics currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.