SysGroup (LON:SYS) Hits New 1-Year High – Time to Buy?

Shares of SysGroup plc (LON:SYSGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 36 and last traded at GBX 32.24, with a volume of 1196429 shares trading hands. The stock had previously closed at GBX 34.50.

SysGroup Trading Down 6.6%

The company has a debt-to-equity ratio of 22.61, a current ratio of 1.45 and a quick ratio of 0.94. The company has a market cap of £26.99 million, a price-to-earnings ratio of -12.90 and a beta of 0.35. The business’s fifty day moving average price is GBX 19.96 and its 200 day moving average price is GBX 16.75.

SysGroup (LON:SYSGet Free Report) last released its quarterly earnings data on Wednesday, July 8th. The company reported GBX 0.40 earnings per share for the quarter. SysGroup had a negative net margin of 8.54% and a negative return on equity of 8.35%. Research analysts anticipate that SysGroup plc will post 0.900277 earnings per share for the current fiscal year.

Insider Transactions at SysGroup

In other news, insider Heejae Chae bought 416,639 shares of SysGroup stock in a transaction dated Monday, July 13th. The stock was purchased at an average price of GBX 24 per share, for a total transaction of £99,993.36. 53.84% of the stock is owned by corporate insiders.

About SysGroup

(Get Free Report)

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

Further Reading

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