SDI Group (LON:SDI) Shares Climb 0.3% – Time to Buy?

SDI Group plc (LON:SDI)’s stock price traded up 0.3% during mid-day trading on Wednesday. The stock traded as high as GBX 95.29 and last traded at GBX 93.51. 509,460 shares were traded during mid-day trading, an increase of 91% from the average session volume of 266,999 shares. The stock had previously closed at GBX 93.20.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 145 target price on shares of SDI Group in a report on Wednesday, September 23rd. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, SDI Group has a consensus rating of “Buy” and a consensus target price of GBX 145.

SDI Group Price Performance

The company has a current ratio of 2.07, a quick ratio of 0.79 and a debt-to-equity ratio of 62.26. The company has a market capitalization of £94.57 million, a PE ratio of 19.61 and a beta of 1.16. The stock’s 50-day moving average is GBX 92.89 and its two-hundred day moving average is GBX 85.01.

About SDI Group

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges. It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.