Moreover, the 36-month beta value for OPTX is -1.46.
The public float for OPTX is 6.06M and currently, short sellers hold a 4.43% of that float. On January 14, 2025, OPTX’s average trading volume was 2.95M shares.
OPTX) stock’s latest price update
Syntec Optics Holdings Inc (NASDAQ: OPTX)’s stock price has dropped by -21.21 in relation to previous closing price of 2.64. Nevertheless, the company has seen a loss of -32.69% in its stock price over the last five trading days. globenewswire.com reported 2024-12-16 that ROCHESTER, NEW YORK, Dec. 16, 2024 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (“Syntec Optics” or the “Company”) (Nasdaq: OPTX), a leading provider of mission-critical products to advanced technology defense, biomedical, and communications equipment manufacturers, today announced the appointment of Michael J. Ransford as Site Manager. In this role, Ransford will oversee technology and operations.
OPTX’s Market Performance
OPTX’s stock has fallen by -32.69% in the past week, with a monthly rise of 123.66% and a quarterly rise of 66.40%. The volatility ratio for the week is 17.76% while the volatility levels for the last 30 days are 41.51% for Syntec Optics Holdings Inc. The simple moving average for the past 20 days is -21.56% for OPTX’s stock, with a -1.53% simple moving average for the past 200 days.
OPTX Trading at 19.30% from the 50-Day Moving Average
After a stumble in the market that brought OPTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.21% of loss for the given period.
Volatility was left at 41.51%, however, over the last 30 days, the volatility rate increased by 17.76%, as shares surge +56.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +47.52% upper at present.
During the last 5 trading sessions, OPTX fell by -32.69%, which changed the moving average for the period of 200-days by -62.35% in comparison to the 20-day moving average, which settled at $2.65. In addition, Syntec Optics Holdings Inc saw -17.46% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OPTX
Current profitability levels for the company are sitting at:
- -0.03 for the present operating margin
- 0.23 for the gross margin
The net margin for Syntec Optics Holdings Inc stands at -0.01. The total capital return value is set at -0.05.
Based on Syntec Optics Holdings Inc (OPTX), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is -1.6.
Currently, EBITDA for the company is 4.68 million with net debt to EBITDA at 5.46. When we switch over and look at the enterprise to sales, we see a ratio of 3.05. The receivables turnover for the company is 4.91for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
To wrap up, the performance of Syntec Optics Holdings Inc (OPTX) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
