Syntec Optics Holdings Inc. (NASDAQ:OPTX) Has Seen A Fall Of -76.26% This Year, Is It Still A Better Option Than Others?

In last trading session, Syntec Optics Holdings Inc. (NASDAQ:OPTX) saw 0.12 million shares changing hands with its beta currently measuring -0.48. Company’s recent per share price level of $2.41 trading at -$0.09 or -3.60% at ring of the bell on the day assigns it a market valuation of $88.42M. That closing price of OPTX’s stock is at a discount of -709.13% from its 52-week high price of $19.50 and is indicating a premium of 15.77% from its 52-week low price of $2.03. Taking a look at company’s average trading volume volume of 610.62K if we extend that period to 3-months.

Syntec Optics Holdings Inc. (NASDAQ:OPTX) trade information

Upright in the red during last session for losing -3.60%, in the last five days OPTX remained trading in the red while hitting it’s week-highest on Thursday, 06/27/24 when the stock touched $2.41 price level, adding 34.86% to its value on the day. Syntec Optics Holdings Inc.’s shares saw a change of -52.09% in year-to-date performance and have moved -37.40% in past 5-day. Syntec Optics Holdings Inc. (NASDAQ:OPTX) showed a performance of -20.98% in past 30-days.

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OPTX Dividends

Syntec Optics Holdings Inc. is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.