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

SysGroup plc (LON:SYSGet Free Report)’s share price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 20.34 ($0.25) and traded as low as GBX 17 ($0.21). SysGroup shares last traded at GBX 17.45 ($0.22), with a volume of 821,000 shares changing hands.

SysGroup Stock Up 2.6 %

The company has a debt-to-equity ratio of 36.18, a quick ratio of 0.94 and a current ratio of 0.63. The company has a market capitalization of £14.47 million, a PE ratio of -145.42 and a beta of 0.29. The firm’s 50-day simple moving average is GBX 20.34 and its 200 day simple moving average is GBX 28.62.

Insider Buying and Selling at SysGroup

In other SysGroup news, insider Heejae Chae acquired 150,000 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was acquired at an average cost of GBX 23 ($0.29) per share, with a total value of £34,500 ($43,065.78). 25.76% of the stock is currently owned by corporate insiders.

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