SysGroup (LON:SYS) Stock Passes Above 50 Day Moving Average – Time to Sell?

SysGroup plc (LON:SYSGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 Price Performance

The company has a debt-to-equity ratio of 36.18, a quick ratio of 0.94 and a current ratio of 0.63. The company has a 50-day simple moving average of GBX 18.61 and a 200-day simple moving average of GBX 27.33. The company has a market cap of £19.52 million, a price-to-earnings ratio of -1.94 and a beta of 0.29.

Insiders Place Their Bets

In other news, insider Heejae Chae purchased 150,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were acquired at an average price of GBX 23 ($0.29) per share, for a total transaction of £34,500 ($43,423.54). 25.76% of the stock is currently owned by insiders.

About SysGroup

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