Science Group (LON:SAG) Stock Crosses Above 200 Day Moving Average – Here’s Why

Science Group plc (LON:SAG – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 572.92 and traded as high as GBX 580. Science Group shares last traded at GBX 570.30, with a volume of 42,751 shares.

Wall Street Analyst Weigh In

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 755 price target on shares of Science Group in a report on Monday, July 27th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 755.

View Our Latest Analysis on SAG

Science Group Price Performance

The company has a fifty day moving average price of GBX 575.10 and a two-hundred day moving average price of GBX 572.87. The firm has a market capitalization of £228.85 million, a price-to-earnings ratio of 16.91 and a beta of 0.36. The company has a quick ratio of 1.56, a current ratio of 2.27 and a debt-to-equity ratio of 14.61.

Science Group (LON:SAG – Get Free Report) last released its quarterly earnings results on Monday, July 27th. The company reported GBX 20.40 earnings per share for the quarter. Science Group had a return on equity of 14.83% and a net margin of 14.34%. On average, equities research analysts expect that Science Group plc will post 27.3000005 EPS for the current fiscal year.

About Science Group

(Get Free Report)

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties. It offers advisory and product/technology development, scientific and regulatory advice, and registration and compliance services. It serves medical, defence and aerospace, food and beverage, consumer, industrial, chemical, and energy sectors.

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