SDI Group (LON:SDI) Trading 11.1% Higher – Still a Buy?

SDI Group plc (LON:SDI)’s stock price traded up 11.1% during trading on Tuesday . The stock traded as high as GBX 56 ($0.74) and last traded at GBX 54 ($0.71). 427,958 shares changed hands during trading, an increase of 70% from the average session volume of 252,009 shares. The stock had previously closed at GBX 48.60 ($0.64).

SDI Group Stock Performance

The stock’s 50 day moving average is GBX 54.99 and its two-hundred day moving average is GBX 55.57. The firm has a market capitalization of £53.46 million, a P/E ratio of 12.61 and a beta of 1.43. The company has a debt-to-equity ratio of 47.29, a current ratio of 2.36 and a quick ratio of 0.79.

Insider Buying and Selling at SDI Group

In related news, insider Kenneth Ford bought 100,000 shares of SDI Group stock in a transaction on Friday, April 4th. The shares were purchased at an average price of GBX 50 ($0.66) per share, for a total transaction of £50,000 ($66,181.34). Corporate insiders own 10.60% of the company’s stock.

SDI Group Company Profile

About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.