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

Shares of SysGroup plc (LON:SYSGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 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 traded.

SysGroup Stock Performance

The stock’s 50-day moving average price is GBX 18.65 and its 200 day moving average price is GBX 27.22. The company has a debt-to-equity ratio of 36.18, a current ratio of 0.63 and a quick ratio of 0.94. The firm has a market cap of £19.52 million, a P/E ratio of -1.94 and a beta of 0.29.

Insider Buying and Selling

In other news, insider Heejae Chae bought 800,000 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were acquired at an average cost of GBX 17 ($0.21) per share, for a total transaction of £136,000 ($171,176.84). 25.76% of the stock is owned by corporate insiders.

SysGroup Company Profile

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