SDI Group (LON:SDI) Share Price Crosses Above 50 Day Moving Average – Here’s Why

SDI Group plc (LON:SDIGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 57.75 ($0.73) and traded as high as GBX 58.90 ($0.74). SDI Group shares last traded at GBX 58 ($0.73), with a volume of 106,198 shares changing hands.

SDI Group Stock Performance

The stock has a fifty day moving average of GBX 57.75 and a 200-day moving average of GBX 60.99. The firm has a market capitalization of £60.64 million, a P/E ratio of 1,450.00 and a beta of 1.43. The company has a quick ratio of 0.79, a current ratio of 2.36 and a debt-to-equity ratio of 47.28.

Insiders Place Their Bets

In other SDI Group news, insider Kenneth Ford purchased 100,000 shares of the business’s stock in a transaction on Thursday, September 26th. The shares were purchased at an average cost of GBX 58 ($0.73) per share, with a total value of £58,000 ($72,891.79). Insiders own 10.60% of the company’s stock.

SDI Group Company Profile

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SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide. The company offers sensitive camera for life science and industrial applications under the Atik Camera brand; cameras for art conservation under the Opus Instruments brand; and camera that have applications in astronomy field under the Quantum Scientific Imaging brand.

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