SysGroup (LON:SYS) Shares Cross Above 50-Day Moving Average – Time to Sell?

SysGroup plc (LON:SYSGet Free Report)’s share price passed 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 Price Performance

The company has a 50 day moving average price of GBX 18.65 and a 200-day moving average price of GBX 27.22. 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 cap 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 acquired 800,000 shares of SysGroup stock in a transaction dated Friday, January 24th. The stock was bought at an average price of GBX 17 ($0.21) per share, with a total value of £136,000 ($171,176.84). 25.76% of the stock is currently owned by insiders.

About SysGroup

(Get Free Report)

Recommended Stories

Receive News & Ratings for SysGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SysGroup and related companies with MarketBeat.com's FREE daily email newsletter.