SDI Group (LON:SDI) Reaches New 12-Month High – Time to Buy?

Shares of SDI Group plc (LON:SDI – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 100 and last traded at GBX 96.55, with a volume of 43,056 shares trading hands. The stock had previously closed at GBX 97.50.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 145 price objective on shares of SDI Group in a research note on Wednesday, September 23rd. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, SDI Group presently has an average rating of “Buy” and an average price target of GBX 145.

View Our Latest Stock Report on SDI

SDI Group Stock Performance

The company has a debt-to-equity ratio of 62.26, a quick ratio of 0.79 and a current ratio of 2.07. The stock’s 50 day moving average price is GBX 91.44 and its 200 day moving average price is GBX 86.91. The company has a market capitalization of £99.34 million, a P/E ratio of 20.70 and a beta of 1.11.

SDI Group (LON:SDI – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported GBX 4.70 earnings per share for the quarter. SDI Group had a net margin of 6.59% and a return on equity of 9.24%. As a group, equities analysts expect that SDI Group plc will post 6.00 EPS for the current year.

About SDI Group

(Get Free Report)

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).

Further Reading

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