SysGroup (LON:SYS) Stock Price Passes Above 50 Day Moving Average – Here’s Why

SysGroup plc (LON:SYSGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 18.61 ($0.23) and traded as high as GBX 23.45 ($0.30). SysGroup shares last traded at GBX 23.45 ($0.30), with a volume of 15,213 shares changing hands.

SysGroup Stock Down 0.2 %

The firm has a 50 day moving average price of GBX 18.61 and a two-hundred day moving average price of GBX 27.33. The company has a quick ratio of 0.94, a current ratio of 0.63 and a debt-to-equity ratio of 36.18. The company has a market capitalization of £19.52 million, a price-to-earnings ratio of -1.94 and a beta of 0.29.

Insider Activity

In related news, insider Heejae Chae purchased 150,000 shares of SysGroup 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 ($43,423.54). Insiders own 25.76% of the company’s stock.

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