Sanderson Design Group (LON:SDG) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Sanderson Design Group plc (LON:SDG)’s stock price crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 74.51 and traded as high as GBX 75.25. Sanderson Design Group shares last traded at GBX 75.25, with a volume of 338,818 shares trading hands.

Sanderson Design Group Price Performance

The business has a fifty day moving average of GBX 74.51 and a 200-day moving average of GBX 67.55. The company has a current ratio of 3.42, a quick ratio of 1.74 and a debt-to-equity ratio of 14.37. The firm has a market cap of £54.38 million, a PE ratio of 19.29, a PEG ratio of 0.51 and a beta of 0.62.

Sanderson Design Group (LON:SDG) last posted its earnings results on Monday, October 12th. The company reported GBX 3.32 earnings per share for the quarter. Sanderson Design Group had a return on equity of 4.12% and a net margin of 2.83%. As a group, research analysts predict that Sanderson Design Group plc will post 8.86 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Juliette Stacey acquired 13,089 shares of Sanderson Design Group stock in a transaction that occurred on Monday, October 12th. The stock was bought at an average price of GBX 76 per share, with a total value of £9,947.64. Also, insider Dame Dianne Thompson bought 13,092 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were purchased at an average cost of GBX 76 per share, for a total transaction of £9,949.92. Insiders purchased 91,070 shares of company stock valued at $6,959,748 in the last three months. Insiders own 8.62% of the company’s stock.

About Sanderson Design Group

Sanderson Design Group is an international luxury interior furnishings company that designs, manufactures and markets wallpapers and fabrics together with a wide range of ancillary interior products.

The Group has three distinct pillars – brands, licensing and manufacturing – and design is at the heart of it all. The Group’s portfolio of brands includes Zoffany, Morris & Co, Sanderson, Harlequin, Clarke & Clarke and Scion, as well as manufacturing businesses, Anstey and Standfast & Barracks.