SDI Group (LON:SDI) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened
by Jessica Moore · The Cerbat GemSDI Group plc (LON:SDI – Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 81.68 and traded as low as GBX 64.03. SDI Group shares last traded at GBX 64.90, with a volume of 1,081,665 shares trading hands.
SDI Group Price Performance
The company has a 50 day moving average price of GBX 78.96 and a 200 day moving average price of GBX 81.61. The company has a market capitalization of £67.87 million, a price-to-earnings ratio of 14.99 and a beta of 0.98. The company has a current ratio of 2.23, a quick ratio of 0.79 and a debt-to-equity ratio of 50.63.
Insider Transactions at SDI Group
In related news, insider Kenneth Ford sold 235,217 shares of SDI Group stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of GBX 79, for a total value of £185,821.43. 3.87% of the stock is currently owned by corporate insiders.
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).