Science Group (LON:SAG) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Science Group plc (LON:SAG) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 448.76 ($5.92) and traded as low as GBX 410 ($5.41). Science Group shares last traded at GBX 412.10 ($5.43), with a volume of 21,484 shares traded.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 758 ($9.99) price target on shares of Science Group in a research report on Monday, March 24th.

Science Group Stock Up 0.5 %

The business’s 50-day simple moving average is GBX 430.48 and its 200-day simple moving average is GBX 448.76. The company has a market capitalization of £184.21 million, a PE ratio of 31.11 and a beta of 0.46. The company has a current ratio of 2.01, a quick ratio of 1.56 and a debt-to-equity ratio of 19.36.

Science Group (LON:SAG) last posted its earnings results on Monday, March 24th. The company reported GBX 26.50 ($0.35) earnings per share (EPS) for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. As a group, equities research analysts anticipate that Science Group plc will post 27.3000005 EPS for the current fiscal year.

Science Group Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, July 4th. Investors of record on Thursday, May 22nd will be paid a GBX 8 ($0.11) dividend. This represents a dividend yield of 1.95%. The ex-dividend date of this dividend is Thursday, May 22nd. Science Group’s dividend payout ratio is currently 60.40%.

Insider Activity at Science Group

In other Science Group news, insider Martyn Roy Ratcliffe bought 10,000 shares of the firm’s stock in a transaction dated Monday, April 7th. The shares were purchased at an average price of GBX 410 ($5.41) per share, for a total transaction of £41,000 ($54,061.18). Also, insider Daniel Edwards acquired 6,667 shares of the firm’s stock in a transaction on Tuesday, March 25th. The shares were bought at an average cost of GBX 425 ($5.60) per share, for a total transaction of £28,334.75 ($37,361.22). 24.43% of the stock is owned by company insiders.

About Science Group

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties.