SDI Group (LON:SDI) Stock Crosses Above 50-Day Moving Average – Should You Sell?

SDI Group plc (LON:SDI) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 76.15 and traded as high as GBX 78.80. SDI Group shares last traded at GBX 75, with a volume of 189,701 shares.

SDI Group Price Performance

The stock has a market capitalization of £78.43 million, a price-to-earnings ratio of 17.32 and a beta of 1.43. The company’s 50-day simple moving average is GBX 76.15 and its 200-day simple moving average is GBX 85.52. The company has a debt-to-equity ratio of 47.29, a current ratio of 2.36 and a quick ratio of 0.79.

SDI Group (LON:SDI) last issued its earnings results on Wednesday, December 3rd. The company reported GBX 1.73 EPS for the quarter. SDI Group had a return on equity of 9.52% and a net margin of 6.43%. Research analysts forecast that SDI Group plc will post 6.002265 earnings per share for the current fiscal year.

About SDI Group

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).