SysGroup (LON:SYS) Stock Passes Below 50 Day Moving Average – What’s Next?

SysGroup plc (LON:SYSGet Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 19.11 ($0.25) and traded as low as GBX 19 ($0.24). SysGroup shares last traded at GBX 20.25 ($0.26), with a volume of 75,000 shares traded.

SysGroup Stock Down 7.3 %

The firm has a market capitalization of £15.82 million, a price-to-earnings ratio of -1.58 and a beta of 0.29. 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 firm has a fifty day moving average price of GBX 19.11 and a 200 day moving average price of GBX 26.10.

Insider Transactions at SysGroup

In other SysGroup news, insider Heejae Chae bought 800,000 shares of SysGroup stock in a transaction dated Friday, January 24th. The shares were acquired at an average cost of GBX 17 ($0.22) per share, with a total value of £136,000 ($175,302.91). 25.76% of the stock is owned by company insiders.

SysGroup Company Profile

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