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Stock Alert: Syneos Health Touches New Five-Year High

Shares of Syneos Health (SYNH) are rising nearly 7 percent, recording a new five-year peak after the company reported better earnings than last year.

Currently SYNH is trading at $71.26, up 6.84 percent. At one point the shares touched $72.44.

The North Carolina based clinical and commercial solution organization posted a surge in fourth quarter net income to $91.05 million from $45.67 million in the prior year. On a per share basis, earnings increased to $0.86 from $0.44 in the previous year.

On an adjusted basis, earnings were $1.03.

Revenue for the quarter were $1.212 billion, up from $1.145 billion a year ago.

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