Synthomer (SYNT)

Sector:

Industrial Chemicals

Index:

FTSE Small Cap

330.50p
   
  • Change Today:
      3.00p
  • 52 Week High: 806.58p
  • 52 Week Low: 122.50p
  • Currency: UK Pounds
  • Shares Issued: 163.57m
  • Volume: 669,796
  • Market Cap: £540.59m

Synthomer tumbles on Morgan Stanley downgrade

By Michele Maatouk

Date: Monday 06 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Synthomer tumbled on Monday after Morgan Stanley downgraded the shares to 'underweight' from 'overweight' and slashed the price target to 400p from 568p.
The bank cited a sharp deterioration in the supply outlook and associated risk of faster-than-expected normalisation in earnings.

"We believe this, combined with volume risks, a management transition and rising leverage, leaves risks skewed to the downside," it said.

At 1000 GMT, the shares were down 8.4% at 435p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Synthomer Market Data

Currency UK Pounds
Share Price 330.50p
Change Today 3.00p
% Change 0.92 %
52 Week High 806.58p
52 Week Low 122.50p
Volume 669,796
Shares Issued 163.57m
Market Cap £540.59m

Synthomer Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
55.29% above the market average55.29% above the market average55.29% above the market average55.29% above the market average55.29% above the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Price Trend
37.12% below the market average37.12% below the market average37.12% below the market average37.12% below the market average37.12% below the market average
5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average5.88% below the sector average
Income Not Available
Growth
16.29% below the market average16.29% below the market average16.29% below the market average16.29% below the market average16.29% below the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average

Synthomer Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 01-Jun-22
Paid n/a 05-Jul-22
Amount 0.000p 21.30p

Trades for 17-May-2024

Time Volume / Share Price
16:47 3,783 @ 329.83p
16:35 57,480 @ 330.50p
16:35 512 @ 330.50p
16:35 115 @ 330.50p
16:35 91 @ 330.50p

Synthomer Key Personnel

CFO Lily Liu

Top of Page