Currently, Syntec Optics Holdings Inc’s (OPTX) stock is trading at $1.16, marking a fall of -8.98% from last night’s close. At this price, the stock is -86.11% below its 52-week high of $8.39 and 37.85% above its 52-week low of $0.85. Based on the past 30-day period, the stock price is -37.83% below the high and +9.53% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, OPTX’s SMA-200 is $1.7868.
OPTX’s price to book ratio for the most recent quarter was 3.53, resulting in an 89.04 price to cash per share for the period.
How does Syntec Optics Holdings Inc (OPTX) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1.
Syntec Optics Holdings Inc (NASDAQ: OPTX) Ownership Details
I will give a breakdown of the key shareholders in Syntec Optics Holdings Inc (OPTX). Recent figures show that the company’s insiders hold 83.49% of shares. A total of 13 institutional investors hold shares in the company, making 0.78% of its stock and 4.73% of its float.
Dec 31, 2024, it was reported that the Company’s largest institutional holder is Geode Capital Management, LLC holding total of 83.01 shares that make 0.23% of the company’s total number of shares and are currently priced at 97120.0.
The securities firm Blue Owl Capital Holdings LP holds 49.58 shares of OPTX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 0.14%, and the holding percentage of shares is valued at 58002.0.
An overview of Syntec Optics Holdings Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Syntec Optics Holdings Inc (OPTX) traded 130,453 shares per day, with a moving average of $1.4775 and price change of -0.7499. With the moving average of $2.0162 and a price change of -1.9699, about 354,877 shares changed hands on average over the past 50 days. Finally, OPTX’s 100-day average volume is 1,890,350 shares, alongside a moving average of $1.7069 and a price change of -0.1899.
