SDI Group (LON:SDI) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of SDI Group plc (LON:SDI) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 85.29 and traded as low as GBX 78. SDI Group shares last traded at GBX 80, with a volume of 289,337 shares trading hands.

SDI Group Stock Up 0.6%

The company has a current ratio of 2.36, a quick ratio of 0.79 and a debt-to-equity ratio of 47.29. The firm has a market cap of £83.66 million, a PE ratio of 21.00 and a beta of 1.43. The business’s 50-day simple moving average is GBX 76.50 and its 200 day simple moving average is GBX 85.37.

SDI Group (LON:SDI) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported GBX 1.73 earnings per share for the quarter. SDI Group had a net margin of 6.43% and a return on equity of 9.52%. As a group, equities research analysts expect that SDI Group plc will post 6.002265 earnings per share for the current year.

SDI Group Company Profile

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).