SDI Group (LON:SDI) Stock Crosses Above 50-Day Moving Average – What’s Next?

SDI Group plc (LON:SDI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 57.75 ($0.73) and traded as high as GBX 58.90 ($0.74). SDI Group shares last traded at GBX 58 ($0.73), with a volume of 106,198 shares traded.

SDI Group Trading Down 4.1 %

The company has a fifty day moving average of GBX 57.75 and a 200-day moving average of GBX 60.99. The firm has a market capitalization of £60.64 million, a PE ratio of 1,450.00 and a beta of 1.43. The company has a debt-to-equity ratio of 47.28, a current ratio of 2.36 and a quick ratio of 0.79.

Insiders Place Their Bets

In related news, insider Kenneth Ford purchased 100,000 shares of SDI Group stock in a transaction dated Thursday, September 26th. The stock was bought at an average price of GBX 58 ($0.73) per share, for a total transaction of £58,000 ($72,891.79). Corporate insiders own 10.60% of the company’s stock.

About SDI Group

SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide. The company offers sensitive camera for life science and industrial applications under the Atik Camera brand; cameras for art conservation under the Opus Instruments brand; and camera that have applications in astronomy field under the Quantum Scientific Imaging brand.