Insider Buying: SysGroup plc (LON:SYS) Insider Buys 150,000 Shares of Stock

SysGroup plc (LON:SYS) insider Heejae Chae purchased 150,000 shares of the business’s stock in a transaction dated Tuesday, December 3rd. The shares were acquired at an average price of GBX 23 ($0.29) per share, with a total value of £34,500 ($43,665.36).

SysGroup Stock Performance

SYS stock traded down GBX 6.78 ($0.09) on Tuesday, reaching GBX 21.72 ($0.27). 799,482 shares of the company were exchanged, compared to its average volume of 59,872. The firm has a market capitalization of £18.02 million, a PE ratio of -183.33 and a beta of 0.29. SysGroup plc has a 12 month low of GBX 18.78 ($0.24) and a 12 month high of GBX 38 ($0.48). The stock’s fifty day moving average price is GBX 30.77 and its 200 day moving average price is GBX 33. The company has a debt-to-equity ratio of 36.18, a current ratio of 0.63 and a quick ratio of 0.94.

About SysGroup

SysGroup plc, together with its subsidiaries, engages in the provision of managed information technology (IT) and cloud hosting services in the United Kingdom and internationally. The company operates through two segments, Managed IT Services and Value Added Resale. It offers consultancy services, such as strategic reviews, cloud consultancy, security assessments, incident response planning, platform migration, and architecture audits.