SysGroup (LON:SYS) Stock Price Down 1.7% – Here’s Why

SysGroup plc (LON:SYS) shares traded down 1.7% during trading on Monday . The stock traded as low as GBX 28.13 ($0.36) and last traded at GBX 28.50 ($0.36). 26,602 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 56,768 shares. The stock had previously closed at GBX 29 ($0.37).

SysGroup Stock Performance

The firm has a market capitalization of £23.64 million, a PE ratio of -237.50 and a beta of 0.29. The business has a 50-day simple moving average of GBX 31.93 and a 200-day simple moving average of GBX 33.21. The company has a debt-to-equity ratio of 36.18, a current ratio of 0.63 and a quick ratio of 0.94.

SysGroup Company Profile

SysGroup plc, together with its subsidiaries, engages in the provision of managed information technology (IT) and cloud hosting services in the United Kingdom and internationally. The company operates through two segments, Managed IT Services and Value Added Resale. It offers consultancy services, such as strategic reviews, cloud consultancy, security assessments, incident response planning, platform migration, and architecture audits.