SysGroup (LON:SYS) Shares Cross Below 50-Day Moving Average – Here’s What Happened

SysGroup plc (LON:SYS)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 15.57 and traded as low as GBX 15.50. SysGroup shares last traded at GBX 16, with a volume of 125 shares changing hands.

SysGroup Stock Performance

The business has a 50 day moving average price of GBX 15.57 and a two-hundred day moving average price of GBX 16.38. The stock has a market cap of £13.38 million, a P/E ratio of -6.40 and a beta of 0.29. The company has a quick ratio of 0.94, a current ratio of 0.63 and a debt-to-equity ratio of 36.18.

SysGroup (LON:SYS) last announced its earnings results on Wednesday, December 3rd. The company reported GBX (0.10) EPS for the quarter. SysGroup had a negative return on equity of 33.87% and a negative net margin of 25.98%. On average, sell-side analysts forecast that SysGroup plc will post 0.900277 earnings per share for the current fiscal year.

Insider Activity at SysGroup

In other SysGroup news, insider Heejae Chae bought 645,119 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average cost of GBX 16 per share, for a total transaction of £103,219.04. Corporate insiders own 53.12% of the company’s stock.

About SysGroup