Scientific Digital Imaging (SDI) Trading Up 5.9% After Analyst Upgrade

Scientific Digital Imaging plc (LON:SDI) shares traded up 5.9% during trading on Friday after FinnCap raised their price target on the stock from GBX 48 to GBX 55. FinnCap currently has a corporate rating on the stock. Scientific Digital Imaging traded as high as GBX 49.50 ($0.65) and last traded at GBX 49.50 ($0.65). 88,316 shares were traded during mid-day trading, a decline of 19% from the average session volume of 109,545 shares. The stock had previously closed at GBX 46.75 ($0.61).

In other news, insider Kenneth Ford acquired 100,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 13th. The shares were acquired at an average cost of GBX 36 ($0.47) per share, with a total value of £36,000 ($47,040.38).

The company has a market cap of $50.75 million and a price-to-earnings ratio of 27.53. The company has a quick ratio of 1.76, a current ratio of 2.51 and a debt-to-equity ratio of 10.29.

COPYRIGHT VIOLATION WARNING: This news story was reported by Stock Observer and is the property of of Stock Observer. If you are reading this news story on another website, it was illegally stolen and republished in violation of U.S. and international copyright and trademark law. The correct version of this news story can be accessed at https://www.thestockobserver.com/2019/04/07/scientific-digital-imaging-sdi-trading-up-5-9-after-analyst-upgrade.html.

About Scientific Digital Imaging (LON:SDI)

Scientific Digital Imaging plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging in the United Kingdom, Europe, the United States, Asia, and internationally. The company offers sensitive cameras for life science and industrial applications under the Atik Camera brand name; cameras for art conservation and restoration under the Opus Instruments brand name; and cameras that have applications in astronomy, life sciences, and flat panel inspection under the QSI brand name.

Read More: What are CEFs?

Receive News & Ratings for Scientific Digital Imaging Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scientific Digital Imaging and related companies with MarketBeat.com's FREE daily email newsletter.