Synergy CHC Corp. (Uplisting) (NASDAQ:SNYR) Upgraded to “Strong-Buy” at Roth Capital

Roth Capital upgraded shares of Synergy CHC Corp. (Uplisting) (NASDAQ:SNYR) to a strong-buy rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Separately, Roth Mkm started coverage on Synergy CHC Corp. (Uplisting) in a research report on Tuesday. They issued a “buy” rating and a $10.00 price objective on the stock.

Synergy CHC Corp. (Uplisting) Stock Down 0.2 %

SNYR opened at $4.06 on Tuesday. The stock has a 50-day moving average of $5.15. Synergy CHC Corp. has a 1 year low of $0.12 and a 1 year high of $10.00.

Synergy CHC Corp. (Uplisting) (NASDAQ:SNYR) last issued its earnings results on Friday, December 6th. The company reported $0.10 earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In related news, CEO Jack Ross bought 300,000 shares of the business’s stock in a transaction on Thursday, October 24th. The stock was acquired at an average price of $9.00 per share, with a total value of $2,700,000.00. Following the transaction, the chief executive officer now owns 300,000 shares in the company, valued at approximately $2,700,000. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Synergy CHC Corp. (Uplisting) Company Profile

Synergy CHC Corp. engages in the marketing and distribution of branded health and wellness products. The company was founded on December 29, 2010 and is headquartered in Westbrook, ME.