SU Group (NASDAQ:SUGP) Trading Down 0.7% – Should You Sell?

SU Group Holdings Limited (NASDAQ:SUGP)’s share price dropped 0.7% during trading on Friday . The stock traded as low as $0.4705 and last traded at $0.4938. 619,593 shares changed hands during trading, a decline of 95% from the average session volume of 11,411,953 shares. The stock had previously closed at $0.4975.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on SUGP. Weiss Ratings lowered shares of SU Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday. Wall Street Zen upgraded shares of SU Group to a “sell” rating in a research note on Saturday, July 4th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

SU Group Stock Performance

The stock’s 50-day moving average price is $1.69 and its 200-day moving average price is $11.51.

About SU Group

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services. The company also engages in the design, supply, installation, maintenance, and testing and commissioning of various security systems.