Science Group (LON:SAG) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Science Group plc (LON:SAG)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 448.40 ($6.03) and traded as high as GBX 515 ($6.93). Science Group shares last traded at GBX 515 ($6.93), with a volume of 57,534 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 758 ($10.19) price target on shares of Science Group in a report on Wednesday, May 21st.

Science Group Trading Up 0.5%

The firm has a 50-day moving average price of GBX 457.20 and a 200-day moving average price of GBX 448.40. The company has a current ratio of 2.01, a quick ratio of 1.56 and a debt-to-equity ratio of 19.36. The stock has a market capitalization of £230.21 million, a PE ratio of 38.88 and a beta of 0.46.

Science Group (LON:SAG) last released its earnings results on Monday, March 24th. The company reported GBX 26.50 ($0.36) earnings per share for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. As a group, equities analysts forecast that Science Group plc will post 27.3000005 EPS for the current fiscal year.

Science Group Announces Dividend

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

Insider Activity at Science Group

In related news, insider Martyn Roy Ratcliffe purchased 10,000 shares of the business’s stock in a transaction on Monday, April 7th. The shares were acquired at an average price of GBX 410 ($5.51) per share, for a total transaction of £41,000 ($55,137.17). Also, insider Daniel Edwards acquired 6,667 shares of the business’s stock in a transaction dated Tuesday, March 25th. The stock was acquired at an average price of GBX 425 ($5.72) per share, for a total transaction of £28,334.75 ($38,104.83). 24.43% of the stock is currently owned by 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.