SysGroup (LON:SYS) Hits New 52-Week High – What’s Next?

SysGroup plc (LON:SYSGet Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 36 and last traded at GBX 32.24, with a volume of 1196429 shares changing hands. The stock had previously closed at GBX 34.50.

SysGroup Trading Down 6.6%

The company has a current ratio of 1.45, a quick ratio of 0.94 and a debt-to-equity ratio of 22.61. The firm has a market capitalization of £26.99 million, a P/E ratio of -12.90 and a beta of 0.35. The firm has a 50-day moving average of GBX 19.96 and a two-hundred day moving average of GBX 16.75.

SysGroup (LON:SYSGet Free Report) last released its earnings results on Wednesday, July 8th. The company reported GBX 0.40 earnings per share (EPS) for the quarter. SysGroup had a negative return on equity of 8.35% and a negative net margin of 8.54%. On average, analysts anticipate that SysGroup plc will post 0.900277 EPS for the current year.

Insiders Place Their Bets

In related news, insider Heejae Chae bought 416,639 shares of the firm’s stock in a transaction on Monday, July 13th. The shares were purchased at an average price of GBX 24 per share, with a total value of £99,993.36. 53.84% of the stock is owned by corporate insiders.

SysGroup Company Profile

(Get Free Report)

SysGroup plc is a trusted provider of cloud, cybersecurity and digital infrastructure services to the UK mid-market. The Group helps organisations modernise, secure and optimise their IT environments through a consultative, end-to-end service offering.

The Group has offices in Edinburgh, London, Manchester and Newport.

For more information, visit www.sysgroup.com

Further Reading

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