SysGroup (LON:SYS) Stock Crosses Below 50 Day Moving Average – Here’s Why

SysGroup plc (LON:SYSGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 21.82 ($0.27) and traded as low as GBX 15.13 ($0.18). SysGroup shares last traded at GBX 15.44 ($0.19), with a volume of 111,000 shares trading hands.

SysGroup Stock Performance

The firm’s 50 day simple moving average is GBX 21.55 and its 200 day simple moving average is GBX 29.25. The firm has a market cap of £12.65 million, a PE ratio of -127.08 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.

Insider Activity at SysGroup

In other SysGroup news, insider Heejae Chae acquired 150,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was acquired at an average cost of GBX 23 ($0.28) per share, with a total value of £34,500 ($41,975.91). 25.76% of the stock is owned by corporate insiders.

About SysGroup

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