SU Group (NASDAQ:SUGP) Trading Down 9% – Time to Sell?

SU Group Holdings Limited (NASDAQ:SUGPGet Free Report)’s share price dropped 9% during mid-day trading on Thursday . The company traded as low as $6.00 and last traded at $6.05. Approximately 104,474 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 339,453 shares. The stock had previously closed at $6.65.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of SU Group in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Get Our Latest Analysis on SUGP

SU Group Price Performance

The firm’s fifty day moving average price is $6.67 and its 200-day moving average price is $7.05.

About SU Group

(Get Free Report)

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services.

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