SysGroup plc (LON:SYS – Get Free Report)’s share price fell 2.8% on Wednesday. The stock traded as low as GBX 34.40 and last traded at GBX 35. Approximately 132,445 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 108,399 shares. The stock had previously closed at GBX 36.
SysGroup Price Performance
The company’s 50-day simple moving average is GBX 33.04 and its 200-day simple moving average is GBX 23. The company has a debt-to-equity ratio of 22.61, a current ratio of 1.45 and a quick ratio of 0.94. The stock has a market capitalization of £30.14 million, a price-to-earnings ratio of -16.36 and a beta of 0.41.
About SysGroup
SysGroup is a UK managed IT services provider serving mid-market organisations, typically with 100 to 2,000 employees. The Group delivers managed infrastructure, cloud, cybersecurity and compliance services through a single, integrated operating model, providing customers with one accountable partner for critical IT operations. Revenue is predominantly recurring, underpinned by long-term managed services contracts, with cybersecurity representing a significant and growing part of the business. Through its AI-driven MSP 3.0 operating model and disciplined buy-and-build strategy, SysGroup is focused on improving operational efficiency, expanding its capabilities and consolidating share within the fragmented UK managed services market.
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