SDI Group (LON:SDI) Share Price Crosses Below 50 Day Moving Average – Here’s Why

SDI Group plc (LON:SDIGet Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 92.86 ($1.24) and traded as low as GBX 88 ($1.18). SDI Group shares last traded at GBX 88.02 ($1.18), with a volume of 85,282 shares traded.

SDI Group Stock Performance

The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36. The business has a 50-day moving average price of GBX 92.86 and a 200 day moving average price of GBX 79.33. The stock has a market capitalization of £94.12 million, a P/E ratio of 2,362.20 and a beta of 1.43.

SDI Group (LON:SDIGet Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 6.18 EPS for the quarter. SDI Group had a return on equity of 9.52% and a net margin of 6.43%. As a group, sell-side analysts forecast that SDI Group plc will post 6.002265 EPS for the current fiscal year.

SDI Group Company Profile

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About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.

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