SysGroup PLC (SYS) Earns house stock Rating from Shore Capital

Shore Capital reissued their house stock rating on shares of SysGroup PLC (LON:SYS) in a research report sent to investors on Tuesday morning.

Shares of SysGroup PLC (LON SYS) traded up GBX 1 ($0.01) during trading hours on Tuesday, hitting GBX 41 ($0.54). 16,559 shares of the company’s stock were exchanged.

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In other SysGroup PLC news, insider Christopher Evans acquired 25,610 shares of the company’s stock in a transaction on Wednesday, August 23rd. The shares were acquired at an average cost of GBX 40 ($0.53) per share, with a total value of £10,244 ($13,518.08).

SysGroup PLC Company Profile

SysGroup PLC, formerly Daily Internet Plc, is engaged in the provision of information technology (IT) managed services. The Company is an Internet hosting and cloud Infrastructure as a Service (IaaS) provider. It operates through two segments: SME Hosting and Managed Hosting. Its SME Hosting segment provides a range of virtual private server (VPS), shared hosting, e-mail and domain registration services to individuals and small and medium-sized enterprises (SMEs).

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