How to buy Synalloy Corporation stock

Synalloy Corporation is a steel business based in the US. Synalloy Corporation shares (SYNL) are listed on the NASDAQ and all prices are listed in US Dollars. Synalloy Corporation employs 526 staff and has a trailing 12-month revenue of around 0.00.

Synalloy Corporation share price

Use our graph to track the performance of SYNL stocks over time.

Synalloy Corporation shares at a glance

• Key figures

Information last updated 2021-04-22.

52-week range	$3.88 - $10.49
50-day moving average	$9.42
200-day moving average	$7.51
Wall St. target price	$11.00
PE ratio	26.8219
Dividend yield	$0 (0%)
Earnings per share (TTM)	$0.49

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Is it a good time to buy Synalloy Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Synalloy Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Synalloy Corporation under- or over-valued?

Valuing Synalloy Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Synalloy Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Synalloy Corporation's P/E ratio

Synalloy Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Synalloy Corporation shares trade at around 27x recent earnings.

That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).

Synalloy Corporation's EBITDA

Synalloy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.5 million.

The EBITDA is a measure of a Synalloy Corporation's overall financial performance and is widely used to measure a its profitability.

Synalloy Corporation financials

Revenue TTM	$256 million
Gross profit TTM	$22.7 million
Return on assets TTM	-1.63%
Return on equity TTM	-29.19%
Profit margin	-10.65%
Book value	$8.75
Market capitalisation	$94.3 million

TTM: trailing 12 months

Shorting Synalloy Corporation shares

There are currently 23,909 Synalloy Corporation shares held short by investors – that's known as Synalloy Corporation's "short interest". This figure is 3% down from 24,641 last month.

There are a few different ways that this level of interest in shorting Synalloy Corporation shares can be evaluated.

Synalloy Corporation's "short interest ratio" (SIR)

Synalloy Corporation's "short interest ratio" (SIR) is the quantity of Synalloy Corporation shares currently shorted divided by the average quantity of Synalloy Corporation shares traded daily (recently around 37357.8125). Synalloy Corporation's SIR currently stands at 0.64. In other words for every 100,000 Synalloy Corporation shares traded daily on the market, roughly 640 shares are currently held short.

However Synalloy Corporation's short interest can also be evaluated against the total number of Synalloy Corporation shares, or, against the total number of tradable Synalloy Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Synalloy Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Synalloy Corporation shares in existence, roughly 0 shares are currently held short) or 0.0036% of the tradable shares (for every 100,000 tradable Synalloy Corporation shares, roughly 4 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Synalloy Corporation.

Find out more about how you can short Synalloy Corporation stock.

Synalloy Corporation share dividends

We're not expecting Synalloy Corporation to pay a dividend over the next 12 months.

Have Synalloy Corporation's shares ever split?

Synalloy Corporation's shares were split on a 3:2 basis on 12 June 1995. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Synalloy Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Synalloy Corporation shares which in turn could have impacted Synalloy Corporation's share price.

Synalloy Corporation share price volatility

Over the last 12 months, Synalloy Corporation's shares have ranged in value from as little as $3.88 up to $10.49. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Synalloy Corporation's is 0.551. This would suggest that Synalloy Corporation's shares are less volatile than average (for this exchange).

Synalloy Corporation overview

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; liquid storage solutions and separation equipment; and ornamental stainless steel tubes under the ASTI trade name, as well as distributes seamless carbon pipes and tubes. It serves oil and gas, chemical, petrochemical, pulp and paper, mining, power generation, water and waste-water treatment, liquid natural gas, brewery, food processing, petroleum, pharmaceutical, automotive and commercial transportation, appliance, architectural, and other heavy industries. The company's Specialty Chemicals segment produces lubricants, surfactants, defoamers, reaction intermediaries, sulfated fats and oils for the chemical, pulp and paper, coatings, adhesives, sealants, and elastomers, textile, automotive, household, industrial and institutional, water and waste-water treatment, construction, oil and gas, and other industries. It also provides chemical tolling manufacturing resources to chemical companies. The company was formerly known as Blackman Uhler Industries, Inc. and changed its name to Synalloy Corporation in July 1967.

Frequently asked questions

• What percentage of Synalloy Corporation is owned by insiders or institutions?

  Currently 16.774% of Synalloy Corporation shares are held by insiders and 41.464% by institutions.

• How many people work for Synalloy Corporation?

  Latest data suggests 526 work at Synalloy Corporation.

• When does the fiscal year end for Synalloy Corporation?

  Synalloy Corporation's fiscal year ends in December.

• Where is Synalloy Corporation based?

  Synalloy Corporation's address is: 4510 Cox Road, Richmond, VA, United States, 23060

• What is Synalloy Corporation's ISIN number?

  Synalloy Corporation's international securities identification number is: US8715651076

• What is Synalloy Corporation's CUSIP number?

  Synalloy Corporation's Committee on Uniform Securities Identification Procedures number is: 871565107