SDI Group (LON:SDI) Hits New 52-Week High – Still a Buy?

SDI Group plc (LON:SDI – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 100 and last traded at GBX 96.55, with a volume of 43,056 shares. The stock had previously closed at GBX 97.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 145 target price on shares of SDI Group in a research note on Wednesday, September 23rd. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, SDI Group presently has an average rating of “Buy” and a consensus price target of GBX 145.

View Our Latest Research Report on SDI Group

SDI Group Stock Performance

The company has a quick ratio of 0.79, a current ratio of 2.07 and a debt-to-equity ratio of 62.26. The company has a market capitalization of £100.97 million, a PE ratio of 21.03 and a beta of 1.11. The business has a 50 day simple moving average of GBX 91.21 and a 200 day simple moving average of GBX 86.47.

SDI Group (LON:SDI – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported GBX 4.70 EPS for the quarter. SDI Group had a return on equity of 9.24% and a net margin of 6.59%. Equities research analysts predict that SDI Group plc will post 6.00 EPS for the current fiscal year.

SDI Group Company Profile

(Get Free Report)

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).

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