SysGroup (LON:SYS) Stock Passes Below 50-Day Moving Average – Here’s What Happened

SysGroup plc (LON:SYSGet Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 20.53 ($0.27) and traded as low as GBX 20.50 ($0.27). SysGroup shares last traded at GBX 21 ($0.28), with a volume of 4,760 shares trading hands.

SysGroup Trading Up 2.4 %

The company has a current ratio of 0.63, a quick ratio of 0.94 and a debt-to-equity ratio of 36.18. The company has a fifty day moving average price of GBX 20.53 and a 200-day moving average price of GBX 22.76. The firm has a market cap of £17.48 million, a price-to-earnings ratio of -1.74 and a beta of 0.29.

Insider Activity at SysGroup

In other SysGroup news, insider Heejae Chae bought 800,000 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The shares were purchased at an average cost of GBX 17 ($0.23) per share, with a total value of £136,000 ($180,827.02). 25.76% of the stock is currently owned by company insiders.

About SysGroup

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