SysGroup (LON:SYS) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of SysGroup plc (LON:SYSGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 19.77 ($0.26) and traded as low as GBX 19.50 ($0.25). SysGroup shares last traded at GBX 20 ($0.26), with a volume of 25,000 shares.

SysGroup Trading Up 2.6 %

The business has a 50 day moving average of GBX 19.77 and a two-hundred day moving average of GBX 24.78. The firm has a market cap of £16.65 million, a P/E ratio of -1.66 and a beta of 0.29. The company has a current ratio of 0.63, a quick ratio of 0.94 and a debt-to-equity ratio of 36.18.

Insider Buying and Selling at SysGroup

In other news, insider Heejae Chae bought 800,000 shares of the firm’s stock in a transaction dated Friday, January 24th. The shares were bought at an average price of GBX 17 ($0.22) per share, with a total value of £136,000 ($175,597.16). Corporate insiders own 25.76% of the company’s stock.

SysGroup Company Profile

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