SysGroup (LON:SYS) Hits New 12-Month Low – Time to Sell?

SysGroup plc (LON:SYS) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 18 ($0.22) and last traded at GBX 18 ($0.22), with a volume of 322710 shares traded. The stock had previously closed at GBX 19.50 ($0.24).

SysGroup Stock Performance

The firm has a market capitalization of £14.93 million, a price-to-earnings ratio of -150.00 and a beta of 0.29. The company has a 50-day moving average price of GBX 27.41 and a 200-day moving average price of GBX 31.93. The company has a quick ratio of 0.94, a current ratio of 0.63 and a debt-to-equity ratio of 36.18.

Insider Transactions at SysGroup

In other SysGroup news, insider Heejae Chae bought 150,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were acquired at an average cost of GBX 23 ($0.29) per share, for a total transaction of £34,500 ($43,119.61). Company insiders own 25.76% of the company’s stock.

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.