SysGroup (LON:SYS) Share Price Crosses Below 50-Day Moving Average – What’s Next?

SysGroup plc (LON:SYSGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 20.74 ($0.27) and traded as low as GBX 19.50 ($0.25). SysGroup shares last traded at GBX 20.98 ($0.27), with a volume of 15,000 shares.

SysGroup Stock Up 7.6 %

The company’s 50 day simple moving average is GBX 20.74 and its 200-day simple moving average is GBX 23.29. The firm has a market capitalization of £17.47 million, a PE ratio of -1.74 and a beta of 0.29. The company has a debt-to-equity ratio of 36.18, a quick ratio of 0.94 and a current ratio of 0.63.

Insider Transactions at SysGroup

In other SysGroup news, insider Heejae Chae acquired 800,000 shares of the company’s stock in a transaction that occurred on Friday, January 24th. The shares were bought at an average cost of GBX 17 ($0.22) per share, with a total value of £136,000 ($176,531.67). Insiders own 25.76% of the company’s stock.

About SysGroup

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