SDI Group (LON:SDI) Hits New 52-Week High – Time to Buy?

Shares of SDI Group plc (LON:SDIGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 77 ($1.02) and last traded at GBX 75.20 ($1.00), with a volume of 1451519 shares. The stock had previously closed at GBX 68 ($0.90).

SDI Group Price Performance

The company’s 50-day simple moving average is GBX 53.27 and its 200 day simple moving average is GBX 56.19. The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36. The company has a market cap of £77.31 million, a PE ratio of 18.23 and a beta of 1.43.

Insider Activity

In other SDI Group news, insider Kenneth Ford acquired 100,000 shares of the company’s stock in a transaction dated Friday, April 4th. The stock was acquired at an average cost of GBX 50 ($0.66) per share, with a total value of £50,000 ($66,489.36). Corporate insiders own 10.60% of the company’s stock.

SDI Group Company Profile

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About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.

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