Wall Street Zen Upgrades SU Group (NASDAQ:SUGP) to “Hold”

SU Group (NASDAQ:SUGP) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings lowered SU Group from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, September 16th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

SU Group Price Performance

Shares of SUGP opened at $0.41 on Friday. The firm’s 50 day moving average is $1.27 and its 200-day moving average is $9.65. SU Group has a 12-month low of $0.37 and a 12-month high of $55.00.

Shares of SU Group are scheduled to reverse split before the market opens on Wednesday, October 7th. The 1-6 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, October 6th.

SU Group (NASDAQ:SUGP) last posted its quarterly earnings results on Tuesday, September 29th. The company reported ($0.93) earnings per share (EPS) for the quarter. The business had revenue of $5.51 million for the quarter.

SU Group Company Profile

SU Group Holdings Limited is a Hong Kong-based provider of security and facility management services. Through its operating subsidiaries, the company serves commercial, residential, public-sector and other institutional customers in Hong Kong.

Its security business includes manned guarding, patrol and access-control services, security monitoring, event security and related risk-management support. SU Group also provides technology-enabled security solutions, including the design, installation and maintenance of electronic security systems and equipment.

The company’s facility management activities complement its security operations and may include building support, maintenance coordination and other services intended to help customers manage and protect their properties.