SDI Group (LON:SDI) Shares Cross Above 50-Day Moving Average – Here’s What Happened

SDI Group plc (LON:SDI)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 76.27 and traded as high as GBX 88. SDI Group shares last traded at GBX 85.02, with a volume of 129,497 shares changing hands.

SDI Group Stock Performance

The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36. The company has a market cap of £90.98 million, a PE ratio of 22.83 and a beta of 1.43. The business’s 50-day moving average is GBX 76.27 and its 200 day moving average is GBX 85.70.

SDI Group (LON:SDI) last announced its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 1.73 earnings per share (EPS) for the quarter. SDI Group had a return on equity of 9.52% and a net margin of 6.43%. On average, equities research analysts predict that SDI Group plc will post 6.002265 EPS for the current fiscal year.

SDI Group Company Profile

About SDI Group plc:

SDl Group plc specialises in the acquisition and development of companies that design and manufacture products for use in the lab equipment, industrial & scientific sensors and the industrial & scientific products markets. SDI’s current portfolio of 14 companies target markets including life sciences, healthcare, astronomy, plastics and packaging, manufacturing, precision optics, measurement instrumentation and art conservation.

SDI’s growth strategy is twofold: 1) through the enhancement of its portfolio companies (organic growth) and, 2) through the identification and acquisition of complementary, niche technology businesses with established reputations in global markets (inorganic growth).