SDI Group plc (LON:SDI – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 77.11 and traded as low as GBX 74. SDI Group shares last traded at GBX 77, with a volume of 251,804 shares trading hands.
SDI Group Trading Down 1.0%
The firm has a market capitalization of £80.52 million, a PE ratio of 17.78 and a beta of 1.08. The company has a quick ratio of 0.79, a current ratio of 2.23 and a debt-to-equity ratio of 50.63. The company’s 50-day simple moving average is GBX 75.48 and its 200 day simple moving average is GBX 77.11.
Insiders Place Their Bets
In other SDI Group news, insider Kenneth Ford sold 235,217 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of GBX 79, for a total value of £185,821.43. 3.87% of the stock is currently owned by company insiders.
About SDI Group
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.
SDI’s growth strategy is twofold: 1) through the enhancement of its portfolio companies (organic growth) and, 2) through the identification and acquisition of complementary, niche technology businesses with established reputations in global markets (inorganic growth).
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