SysGroup (LON:SYS) Trading 12.8% Higher – Here’s What Happened

SysGroup plc (LON:SYSGet Free Report)’s share price rose 12.8% during mid-day trading on Thursday . The company traded as high as GBX 22 ($0.28) and last traded at GBX 22 ($0.28). Approximately 213,399 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 183,289 shares. The stock had previously closed at GBX 19.50 ($0.24).

SysGroup Price Performance

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’s fifty day moving average is GBX 18.95 and its two-hundred day moving average is GBX 27.76. The stock has a market cap of £18.25 million, a price-to-earnings ratio of -183.33 and a beta of 0.29.

Insider Activity at SysGroup

In other SysGroup news, insider Heejae Chae purchased 800,000 shares of the company’s stock in a transaction on Friday, January 24th. The stock was acquired at an average price of GBX 17 ($0.21) per share, for a total transaction of £136,000 ($170,021.25). Company insiders own 25.76% of the company’s stock.

About SysGroup

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