SysGroup (LON:SYS) Shares Up 14.8% – Still a Buy?

Shares of SysGroup plc (LON:SYS) traded up 14.8% during trading on Wednesday . The company traded as high as GBX 35 and last traded at GBX 35. 593,452 shares were traded during trading, an increase of 511% from the average session volume of 97,201 shares. The stock had previously closed at GBX 30.50.

SysGroup Stock Performance

The firm’s 50-day moving average price is GBX 19.58 and its two-hundred day moving average price is GBX 16.62. The firm has a market capitalization of £29.30 million, a PE ratio of -14.00 and a beta of 0.35. The company has a quick ratio of 0.94, a current ratio of 1.45 and a debt-to-equity ratio of 22.61.

SysGroup (LON:SYS) last issued its quarterly earnings results on Wednesday, July 8th. The company reported GBX 0.40 EPS for the quarter. SysGroup had a negative net margin of 8.54% and a negative return on equity of 8.35%. As a group, research analysts predict that SysGroup plc will post 0.900277 earnings per share for the current fiscal year.

Insider Transactions at SysGroup

In other SysGroup news, insider Heejae Chae bought 416,639 shares of SysGroup stock in a transaction dated Monday, July 13th. The stock was bought at an average price of GBX 24 per share, for a total transaction of £99,993.36. 53.84% of the stock is currently owned by company insiders.

SysGroup Company Profile

SysGroup plc is a trusted provider of cloud, cybersecurity and digital infrastructure services to the UK mid-market. The Group helps organisations modernise, secure and optimise their IT environments through a consultative, end-to-end service offering.

The Group has offices in Edinburgh, London, Manchester and Newport.

For more information, visit www.sysgroup.com