SysGroup (LON:SYS) Stock Crosses Below Fifty Day Moving Average – What’s Next?

SysGroup plc (LON:SYS)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 15.39 and traded as low as GBX 13.30. SysGroup shares last traded at GBX 13.30, with a volume of 46,380 shares trading hands.

SysGroup Price Performance

The stock has a market capitalization of £12.55 million, a price-to-earnings ratio of -6.00 and a beta of 0.29. The company has a current ratio of 1.61, a quick ratio of 0.94 and a debt-to-equity ratio of 22.16. The stock has a 50-day simple moving average of GBX 15.39 and a 200 day simple moving average of GBX 16.02.

SysGroup (LON:SYS) last issued its earnings results on Wednesday, December 3rd. The company reported GBX (0.10) earnings per share for the quarter. SysGroup had a negative net margin of 10.75% and a negative return on equity of 9.36%. On average, equities research analysts forecast that SysGroup plc will post 0.900277 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Heejae Chae bought 645,119 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was bought at an average price 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