SysGroup (LON:SYS) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

SysGroup plc (LON:SYS)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 15.57 and traded as low as GBX 15.50. SysGroup shares last traded at GBX 16, with a volume of 125 shares traded.

SysGroup Trading Up 3.2%

The firm has a market cap of £13.38 million, a price-to-earnings ratio of -6.40 and a beta of 0.29. The company has a 50 day moving average of GBX 15.57 and a 200 day moving average of GBX 16.40. The company has a current ratio of 0.63, a quick ratio of 0.94 and a debt-to-equity ratio of 36.18.

SysGroup (LON:SYS) last posted its earnings results on Wednesday, December 3rd. The company reported GBX (0.10) earnings per share (EPS) for the quarter. SysGroup had a negative return on equity of 33.87% and a negative net margin of 25.98%. As a group, research analysts anticipate that SysGroup plc will post 0.900277 EPS for the current year.

Insider Buying and Selling

In related news, insider Heejae Chae acquired 645,119 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was purchased at an average cost of GBX 16 per share, with a total value of £103,219.04. 53.12% of the stock is currently owned by company insiders.

About SysGroup