SDI Group (LON:SDI) Stock Price Up 11.1% – Here’s Why

SDI Group plc (LON:SDI)’s share price traded up 11.1% on Tuesday . The stock traded as high as GBX 56 ($0.74) and last traded at GBX 54 ($0.71). 427,958 shares were traded during trading, an increase of 70% from the average session volume of 252,009 shares. The stock had previously closed at GBX 48.60 ($0.64).

SDI Group Stock Down 2.8 %

The company has a market cap of £53.46 million, a P/E ratio of 12.61 and a beta of 1.43. The company has a debt-to-equity ratio of 47.29, a current ratio of 2.36 and a quick ratio of 0.79. The business’s 50 day moving average price is GBX 54.99 and its 200-day moving average price is GBX 55.57.

Insider Activity

In related news, insider Kenneth Ford purchased 100,000 shares of the firm’s stock in a transaction dated Friday, April 4th. The shares were acquired at an average cost of GBX 50 ($0.66) per share, with a total value of £50,000 ($66,181.34). 10.60% of the stock is currently owned by corporate insiders.

SDI Group Company Profile

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.