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The closing price of Synchronoss Technologies Inc (NASDAQ: SNCR) was $6.50 for the day, down -3.99% from the previous closing price of $6.77. In other words, the price has decreased by -$3.99 from its previous closing price. On the day, 93136.0 shares were traded. SNCR stock price reached its highest trading level at $6.72 during the session, while it also had its lowest trading level at $6.45.
Ratios:
Our analysis of SNCR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.84. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 5.91 whereas as Long-Term Debt/Eq ratio is at 5.66.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on November 25, 2024, Upgraded its rating to Buy and sets its target price to $13 from $11 previously.
On August 10, 2021, ROTH Capital Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $9 to $3.
On June 30, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $5.25.B. Riley Securities initiated its Buy rating on June 30, 2021, with a $5.25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 01 ’25 when Miller Jeffrey George sold 6,289 shares for $10.22 per share. The transaction valued at 64,280 led to the insider holds 445,564 shares of the business.
Doran Patrick Joseph sold 1,751 shares of SNCR for $18,701 on Apr 28 ’25. The EVP & Chief Technology Officer now owns 168,436 shares after completing the transaction at $10.68 per share. On Apr 28 ’25, another insider, Gabrys Christina, who serves as the EVP and Chief Legal Officer of the company, sold 882 shares for $10.68 each. As a result, the insider received 9,420 and left with 74,246 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNCR now has a Market Capitalization of 74737000 and an Enterprise Value of 262896848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 1.521 whereas that against EBITDA is 9.004.
Stock Price History:
The Beta on a monthly basis for SNCR is 1.79, which has changed by -0.26719278 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, SNCR has reached a high of $15.46, while it has fallen to a 52-week low of $6.58. The 50-Day Moving Average of the stock is -34.58%, while the 200-Day Moving Average is calculated to be -38.72%.
Shares Statistics:
SNCR traded an average of 101.82K shares per day over the past three months and 100440 shares per day over the past ten days. A total of 11.50M shares are outstanding, with a floating share count of 10.12M. Insiders hold about 11.96% of the company’s shares, while institutions hold 49.49% stake in the company. Shares short for SNCR as of 1745971200 were 118734 with a Short Ratio of 1.17, compared to 1743379200 on 222621. Therefore, it implies a Short% of Shares Outstanding of 118734 and a Short% of Float of 1.2899999500000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
