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Synthomer CEO Invests in Company Shares

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Synthomer CEO Invests in Company Shares

Meet Your ETF AI Analyst

The latest update is out from Synthomer ( (GB:SYNT) ).

Synthomer PLC announced that its CEO, Michael Willome, has purchased 63,000 ordinary shares of the company at a price of £0.4918 per share, totaling £30,983.40. This transaction, conducted on the London Stock Exchange, signifies a potential vote of confidence in the company’s future prospects and may impact stakeholder perception positively.

The most recent analyst rating on (GB:SYNT) stock is a Hold with a £54.00 price target. To see the full list of analyst forecasts on Synthomer stock, see the GB:SYNT Stock Forecast page.

Spark’s Take on GB:SYNT Stock

According to Spark, TipRanks’ AI Analyst, GB:SYNT is a Neutral.

Synthomer’s overall stock score is primarily impacted by its weak financial performance and bearish technical indicators. The company’s negative earnings and lack of dividend yield further weigh down its valuation. Without significant improvements in profitability and market sentiment, the stock remains a high-risk investment.

To see Spark’s full report on GB:SYNT stock, click here.

More about Synthomer

Synthomer PLC operates in the chemical industry, specializing in the production of polymers and related products. The company focuses on providing innovative solutions across various markets, including construction, textiles, and healthcare.

Average Trading Volume: 874,322

Technical Sentiment Signal: Strong Sell

Current Market Cap: £78.34M

For a thorough assessment of SYNT stock, go to TipRanks’ Stock Analysis page.

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