Sanderson Design Group (LON:SDG) Stock Breaks Above 50-Day Moving Average – What’s Next?

Sanderson Design Group plc (LON:SDG)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 74.51 and traded as high as GBX 75.25. Sanderson Design Group shares last traded at GBX 75.25, with a volume of 338,818 shares.

Sanderson Design Group Price Performance

The stock has a market cap of £54.38 million, a P/E ratio of 19.29, a P/E/G ratio of 0.51 and a beta of 0.62. The company has a quick ratio of 1.74, a current ratio of 3.42 and a debt-to-equity ratio of 14.37. The company’s 50 day moving average price is GBX 74.51 and its 200-day moving average price is GBX 67.55.

Sanderson Design Group (LON:SDG) last posted its earnings results on Monday, October 12th. The company reported GBX 3.32 earnings per share (EPS) for the quarter. Sanderson Design Group had a return on equity of 4.12% and a net margin of 2.83%. As a group, sell-side analysts expect that Sanderson Design Group plc will post 8.86 earnings per share for the current year.

Insider Transactions at Sanderson Design Group

In related news, insider Lisa Montague purchased 39,275 shares of the company’s stock in a transaction on Tuesday, October 13th. The shares were bought at an average cost of GBX 76 per share, for a total transaction of £29,849. Also, insider Juliette Stacey purchased 13,089 shares of Sanderson Design Group stock in a transaction on Monday, October 12th. The stock was bought at an average cost of GBX 76 per share, with a total value of £9,947.64. In the last three months, insiders have bought 91,070 shares of company stock worth $6,959,748. 8.62% of the stock is owned by corporate insiders.

About Sanderson Design Group

Sanderson Design Group is an international luxury interior furnishings company that designs, manufactures and markets wallpapers and fabrics together with a wide range of ancillary interior products.

The Group has three distinct pillars – brands, licensing and manufacturing – and design is at the heart of it all. The Group’s portfolio of brands includes Zoffany, Morris & Co, Sanderson, Harlequin, Clarke & Clarke and Scion, as well as manufacturing businesses, Anstey and Standfast & Barracks.