SysGroup (LON:SYS) Trading Up 13.2% – Still a Buy?

SysGroup plc (LON:SYS) shares rose 13.2% during trading on Monday . The company traded as high as GBX 25 and last traded at GBX 24.90. Approximately 859,119 shares were traded during trading, an increase of 878% from the average session volume of 87,862 shares. The stock had previously closed at GBX 22.

SysGroup Stock Up 7.4%

The firm’s 50-day simple moving average is GBX 18.34 and its 200 day simple moving average is GBX 16.17. The company has a debt-to-equity ratio of 22.61, a quick ratio of 0.94 and a current ratio of 1.45. The company has a market cap of £23.82 million, a P/E ratio of -11.38 and a beta of 0.35.

SysGroup (LON:SYS) last posted its quarterly earnings results on Wednesday, July 8th. The company reported GBX 0.40 earnings per share (EPS) for the quarter. SysGroup had a negative return on equity of 8.35% and a negative net margin of 8.54%. On average, research analysts forecast that SysGroup plc will post 0.900277 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Heejae Chae bought 416,639 shares of the firm’s stock in a transaction dated Monday, July 13th. The stock was bought at an average cost of GBX 24 per share, for a total transaction of £99,993.36. Insiders own 53.84% of the company’s stock.

SysGroup Company Profile

SysGroup plc is a trusted provider of cloud, cybersecurity and digital infrastructure services to the UK mid-market. The Group helps organisations modernise, secure and optimise their IT environments through a consultative, end-to-end service offering.

The Group has offices in Edinburgh, London, Manchester and Newport.

For more information, visit www.sysgroup.com