Syneos Health Sees Unprecedented Trading Activity
December 26, 2022
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Syneos Health ($NASDAQ:SYNH), Inc. is a publicly traded biopharmaceutical solutions organization. The company serves the biopharmaceutical industry by providing integrated clinical and commercial solutions to support the development and commercialization of innovative therapies. It provides services such as clinical development, commercialization, clinical trial management, consulting, regulatory, and staffing solutions. The stock of Syneos Health has been experiencing an unprecedented trading activity recently. The trading volume of Syneos Health has been high compared to its average trading volume which is usually around one million shares a day. In the last two weeks, the company’s stock has seen more than three million shares traded each day.
This is an incredible increase in the stock’s trading volume and could be an indication that the company may be in for some major news. Several factors could be at play here, such as investors being drawn to the company’s strong performance in the first quarter of 2021 as well as its attractive valuation. This could be attractive to investors looking to get in on a long-term investment. Whatever the reason for the sudden influx of activity in Syneos Health’s stock, it is clear that investors are showing a lot of interest in the company’s potential. With this increased activity, investors can expect to see more news from the company in the near future and should be watching the stock closely.
Share Price
On Monday, the stock opened at $34.5 and closed at $34.3, a decrease of 0.8% from the previous closing price of 34.6. This was further evidenced by the volume of shares traded, which was much higher than usual. Investors were quick to react to the news and many were uncertain as to how to interpret this trading activity. Some viewed it as a sign of a potential increase in the stock price, while others viewed it as a sign of a potential decrease. Overall, investors seemed to be split in their opinion of the company and its stock price. Despite the uncertainty, Syneos Health remains committed to providing quality health services to its clients.
It has seen significant growth in recent years and is continuing to expand its reach, both domestically and internationally. It has also been investing heavily in new technology, which is likely to bring more opportunities for growth in the future. Overall, Syneos Health is an interesting stock with potential for growth and investors should keep a close eye on it in the coming months and years. The company’s future is uncertain, but with its commitment to delivering high quality services and its investments in technology, it may be worth keeping an eye on. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Syneos Health. More…
| Total Revenues | Net Income | Net Margin |
| 5.41k | 286.93 | 4.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Syneos Health. More…
| Operations | Investing | Financing |
| 405.27 | -340.35 | -277.58 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Syneos Health. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.22k | 4.89k | 32.35 |
Key Ratios Snapshot
Some of the financial key ratios for Syneos Health are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.5% | 14.2% | 7.6% |
| FCF Margin | ROE | ROA |
| 6.0% | 8.7% | 3.5% |
VI Analysis
Investing in a company can be a risky decision, but understanding the company’s fundamentals can help investors make informed decisions. VI App simplifies this process by analyzing a company’s financials and providing a clear overview of its long-term potential. According to VI Risk Rating, SYNEOS HEALTH is a high risk investment, with warnings in income sheet, balance sheet, and non-financial aspects. Investors should carefully consider all aspects of the company before investing, including financial performance, earnings growth potential, dividend yields, and liquidity. Risky investments can be rewarding if done properly, but careful research is necessary to make sure that the company is well-positioned to remain profitable over the long term. Investors should also take into account their own risk tolerance when considering investments. High-risk investments often come with higher rewards, but they are also more likely to lead to losses. Investors should determine their own risk tolerance and invest accordingly. When investing in SYNEOS HEALTH, investors should be aware of the risks associated with the company and should use caution when investing. By utilizing VI App’s risk rating and warnings, investors can make an informed decision on whether or not SYNEOS HEALTH is a good fit for their individual investment strategies. More…
VI Peers
The company competes with Shin Nippon Biomedical Laboratories Ltd, Icon PLC, and Guardant Health Inc, among a few other companies in the biopharmaceutical services industry. Syneos Health Inc provides an end-to-end solution for customers with deep expertise and a focus on service excellence.
– Shin Nippon Biomedical Laboratories Ltd ($TSE:2395)
Shin Nippon Biomedical Laboratories Ltd, or SNBL, is a Japanese-based company specializing in the development and manufacture of laboratory animal models for the pharmaceutical and medical industries. The company has a market cap of 94.46B as of 2022, which reflects its strong financial performance and industry leadership. Additionally, SNBL has a Return on Equity of 27.97%, indicating a strong return on its investments. SNBL is well-positioned to continue to deliver strong returns for investors and to remain a leader in the laboratory animal model industry.
– Icon PLC ($NASDAQ:ICLR)
Icon PLC, founded in 1977, is a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries. Based in Dublin, Ireland, the company operates in over 30 countries and employs over 11,500 professionals. With a market capitalization of 15.9 billion as of 2022, Icon PLC is one of the largest companies in its space. The company boasts a Return on Equity of 4.96%, indicating a strong level of profitability and efficient use of capital. Icon PLC focuses on providing a wide range of services such as clinical trial management, regulatory affairs outsourcing, safety and pharmacovigilance, biometrics, and medical writing.
– Guardant Health Inc ($NASDAQ:GH)
Guardant Health Inc is a biotechnology company based in Redwood City, California, and is focused on developing non-invasive cancer diagnostics. The company has a market cap of 4.75 billion as of 2022. Guardant Health Inc had a return on equity of -150.22%, which illustrates that the company had a negative profitability from its investments. This suggests that the company has not been able to generate enough profits from its investments to cover its cost of capital and grow its value for shareholders. Although this is not a positive sign for investors, it may be a sign that the company is investing heavily into research and development of new products and technologies that could eventually bring profits in the future.
Summary
Investing in Syneos Health can be a smart move for those looking to capitalize on the current market conditions. With the unprecedented trading activity surrounding the company, now may be an excellent time to get in on the action. The company is known for its development and commercialization of innovative treatments and therapies that have the potential to change lives. This strong performance has made Syneos Health an attractive option for investors looking for a reliable long-term investment. With their innovative approach to health care solutions, their commitment to improving patient outcomes, and their strong financial performance, Syneos Health is a great option for those looking to add a solid stock to their portfolio. Syneos Health also offers investors access to a wide range of products and services, such as consulting services, contract research organization (CRO) services, and clinical development services, among others. This gives investors the opportunity to benefit from a diverse set of offerings that can help them maximize returns.
Additionally, the company has also partnered with a number of major pharmaceutical companies, giving investors even more exposure to the industry. All in all, investing in Syneos Health can be a smart move for those looking to capitalize on the current market conditions. With the company’s strong financial performance, innovative approach to health care solutions, and wide array of services, investors have plenty of reasons to consider adding this stock to their portfolio.
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