SysGroup (LON:SYS) Trading Up 14.8% – What’s Next?

SysGroup plc (LON:SYS)’s share price traded up 14.8% during trading on Wednesday . The stock traded as high as GBX 35 and last traded at GBX 35. 593,452 shares were traded during mid-day trading, an increase of 511% from the average session volume of 97,201 shares. The stock had previously closed at GBX 30.50.

SysGroup Price Performance

The stock has a market capitalization of £28.47 million, a P/E ratio of -13.60 and a beta of 0.35. The firm has a fifty day moving average price of GBX 20.27 and a two-hundred day moving average price of GBX 16.86. The company has a quick ratio of 0.94, a current ratio of 1.45 and a debt-to-equity ratio of 22.61.

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

Insider Buying and Selling

In other SysGroup news, insider Heejae Chae bought 416,639 shares of SysGroup stock in a transaction on Monday, July 13th. The stock was acquired at an average price of GBX 24 per share, with a total value of £99,993.36. Corporate insiders own 53.84% of the company’s stock.

About SysGroup

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