SDI Group (LON:SDI) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

SDI Group plc (LON:SDI)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 61.57 ($0.78) and traded as low as GBX 57 ($0.72). SDI Group shares last traded at GBX 57.60 ($0.73), with a volume of 228,644 shares.

SDI Group Stock Performance

The company has a market capitalization of £61.68 million, a P/E ratio of 1,440.00 and a beta of 1.43. The stock has a fifty day simple moving average of GBX 55.69 and a 200-day simple moving average of GBX 61.57. The company has a quick ratio of 0.79, a current ratio of 2.36 and a debt-to-equity ratio of 47.28.

Insider Transactions at SDI Group

In related news, insider Kenneth Ford purchased 100,000 shares of the firm’s stock in a transaction dated Thursday, September 26th. The shares were acquired at an average cost of GBX 58 ($0.74) per share, with a total value of £58,000 ($73,520.09). Company insiders own 10.60% of the company’s stock.

SDI Group Company Profile

SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide. The company offers sensitive camera for life science and industrial applications under the Atik Camera brand; cameras for art conservation under the Opus Instruments brand; and camera that have applications in astronomy field under the Quantum Scientific Imaging brand.