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

Shares of SysGroup plc (LON:SYS) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 15.39 and traded as low as GBX 13.30. SysGroup shares last traded at GBX 13.30, with a volume of 46,380 shares traded.

SysGroup Price Performance

The company has a quick ratio of 0.94, a current ratio of 1.61 and a debt-to-equity ratio of 22.16. The company’s 50 day moving average is GBX 15.36 and its 200 day moving average is GBX 16. The firm has a market capitalization of £12.13 million, a price-to-earnings ratio of -5.80 and a beta of 0.29.

SysGroup (LON:SYS) last issued its quarterly earnings data on Wednesday, December 3rd. The company reported GBX (0.10) earnings per share for the quarter. SysGroup had a negative return on equity of 9.36% and a negative net margin of 10.75%. On average, equities research analysts anticipate that SysGroup plc will post 0.900277 earnings per share for the current fiscal year.

Insider Activity

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

SysGroup Company Profile