Science Group (LON:SAG) Stock Passes Above 200-Day Moving Average – Should You Sell?

Science Group plc (LON:SAG)’s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 568.57 and traded as high as GBX 580. Science Group shares last traded at GBX 577, with a volume of 229,731 shares.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt reissued a “buy” rating and issued a GBX 755 price target on shares of Science Group in a research note on Monday, July 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 755.

Science Group Trading Up 0.5%

The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 14.61. The company has a fifty day moving average price of GBX 580.20 and a two-hundred day moving average price of GBX 568.57. The firm has a market capitalization of £233.10 million, a price-to-earnings ratio of 17.22 and a beta of 0.36.

Science Group (LON:SAG) last posted its quarterly earnings results on Monday, July 27th. The company reported GBX 20.40 EPS for the quarter. Science Group had a return on equity of 14.83% and a net margin of 14.34%. As a group, research analysts forecast that Science Group plc will post 27.3000005 earnings per share for the current fiscal year.

About Science Group

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties. It offers advisory and product/technology development, scientific and regulatory advice, and registration and compliance services. It serves medical, defence and aerospace, food and beverage, consumer, industrial, chemical, and energy sectors.