Syntec Optics Completes 5.3M in Orders and Adds 2.4M in Further Orders for Low Earth Orbit Satellite Optics
| OPTX Stock | 0.88 0.01 1.15% |
Slightly above 52% of Syntec Optics' investor base is interested to short. The analysis of overall sentiment of trading Syntec Optics Holdings stock suggests that many investors are impartial at this time. Syntec Optics' investing sentiment can be driven by a variety of factors including economic data, Syntec Optics' earnings reports, geopolitical events, and overall market trends.
Syntec |
Continues to scale production for growing future ordersROCHESTER, NEW YORK, Feb. 14, 2024 -- Syntec Optics, a scientific technical instruments, aerospace and defense optics provider, scaled its production of ultra-high precision satellite optics with 5.3 million in orders and then further added 2.4 million in current orders. One of the keys to higher volume production was Syntecs vertical integration. Syntec Optics was able to make optics preforms in-house, said Joel Lawthe
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Syntec Optics Investor Sentiment by Other News Outlets
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Syntec Optics Fundamental Analysis
We analyze Syntec Optics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Syntec Optics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Syntec Optics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Syntec Optics is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Syntec Optics Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Syntec Optics stock to make a market-neutral strategy. Peer analysis of Syntec Optics could also be used in its relative valuation, which is a method of valuing Syntec Optics by comparing valuation metrics with similar companies.
Peers
Syntec Optics Related Equities
| VISL | Vislink Technologies | 4.87 | ||||
| KN | Knowles Cor | 1.14 | ||||
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| UI | Ubiquiti Networks | 1.71 | ||||
| VRME | VerifyMe | 3.70 |
Additional Tools for Syntec Stock Analysis
When running Syntec Optics' price analysis, check to measure Syntec Optics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.