Synaptics Incorporated (SYNA) Drops 7.32% on January 06

Equities Staff |

Synaptics Incorporated (SYNA) was one of the Russell 2000's biggest losers for Wednesday January 06 as the stock slid 7.32% to $65.68, a loss of $-5.19 per share. Starting at an opening price of $69.28 a share, the stock traded between $64.52 and $69.85 over the course of the trading day. Volume was 1.25 million shares over 12,896 trades, against an average daily volume of 631,372 shares and a total float of 36.23 million.

The losses send Synaptics Incorporated down to a market cap of $2.38 billion. In the last year, Synaptics Incorporated has traded between $102.50 and $58.22, and its 50-day SMA is currently $84.76 and 200-day SMA is $83.76.

The stock has a P/E Ratio of 25.2.

Synaptics Inc is a developer and supplier of custom-designed human interface solutions that enable people to interact easily and intuitively with mobile computing, communications, entertainment, and other electronic devices.

Synaptics Incorporated is based out of San Jose, CA and has some 1,789 employees. Its CEO is Richard A. Bergman.

For a complete fundamental analysis analysis of Synaptics Incorporated, check out Equities.com’s Stock Valuation Analysis report for SYNA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

New Age Farm Inc.

New Age Farm Inc is engaged in the development of the agriculture based business in Langley, British Columbia.

Private Markets

XY Find It

Founded by serial entrepreneur Arie Trouw, XY Findables follows a single guiding principle: customers should never lose anything important again. With over 50,000 users around the world, more than 100,000…

Uber

Uber connects riders with safe, reliable, convenient transportation providers at a variety of price-points in cities around the world. Uber makes money from charging their drivers 20% of the fare…