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Synthomer ( (GB:SYNT) ) just unveiled an announcement.
Synthomer PLC announced that Uwe Halder, a Non-Executive Director, has purchased 25,000 ordinary shares of the company at a price of £0.637 per share, totaling £15,925. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a key member of the company’s board, potentially indicating confidence in the company’s future performance and stability.
The most recent analyst rating on (GB:SYNT) stock is a Buy with a £275.00 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. While recent corporate events show management confidence, the company’s financial struggles and negative valuation metrics weigh heavily on its prospects.
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 sectors including coatings, construction, textiles, and healthcare.
Average Trading Volume: 705,848
Technical Sentiment Signal: Sell
Current Market Cap: £101.1M
See more data about SYNT stock on TipRanks’ Stock Analysis page.
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