Synalloy (NASDAQ:SYNL) Stock Price Crosses Below 200 Day Moving Average of $16.37
Synalloy Co. (NASDAQ:SYNL)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.37 and traded as low as $15.77. Synalloy shares last traded at $15.80, with a volume of 400 shares changing hands.
The company has a quick ratio of 1.14, a current ratio of 3.34 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $141.76 million, a PE ratio of 17.51 and a beta of 0.08. The company has a 50-day moving average of $16.04 and a 200 day moving average of $16.38.
Synalloy (NASDAQ:SYNL) last posted its quarterly earnings results on Tuesday, August 13th. The industrial products company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $78.78 million for the quarter. Synalloy had a net margin of 1.40% and a return on equity of 7.70%.
About Synalloy (NASDAQ:SYNL)
Synalloy Corporation manufactures and sells metals and specialty chemicals in the United States and internationally. The company's Metals segment offers stainless steel, galvanized, and other alloy pipes and tubes under the BRISMET trade name through authorized stocking distributors; liquid storage solutions and separation equipment; and ornamental stainless steel tubing, as well as distributes seamless carbon pipes and tubes.
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