SDI Group (LON:SDI) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

SDI Group plc (LON:SDI)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 84.02 and traded as low as GBX 81. SDI Group shares last traded at GBX 81, with a volume of 86,033 shares.

SDI Group Stock Down 1.2%

The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36. The company has a market capitalization of £84.70 million, a PE ratio of 18.71 and a beta of 1.43. The firm’s 50-day simple moving average is GBX 78.88 and its 200 day simple moving average is GBX 84.02.

SDI Group (LON:SDI) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 1.73 EPS for the quarter. SDI Group had a net margin of 6.43% and a return on equity of 9.52%. As a group, equities research analysts forecast that SDI Group plc will post 6.002265 earnings per share for the current year.

SDI Group Company Profile

About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.

SDI’s growth strategy is twofold: 1) through the enhancement of its portfolio companies (organic growth) and, 2) through the identification and acquisition of complementary, niche technology businesses with established reputations in global markets (inorganic growth).