Science Group (LON:SAG) Stock Breaks Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Science Group shares fell below their 200-day moving average, trading as low as GBX 564 and last changing hands at GBX 564.10, down 0.9%.
• Despite the technical weakness, Peel Hunt maintained a “Buy” rating with a GBX 755 price target; the analyst consensus is also “Buy.”
• The company reported quarterly EPS of GBX 20.40 and has a £227.32 million market capitalization, 14.34% net margin, and 14.83% return on equity.

Science Group plc (LON:SAG - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 565.78 and traded as low as GBX 564. Science Group shares last traded at GBX 564.10, with a volume of 26,389 shares.

Wall Street Analyst Weigh In

Separately, Peel Hunt restated a "buy" rating and issued a GBX 755 target price on shares of Science Group in a report on Monday, July 27th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Science Group has a consensus rating of "Buy" and an average price target of GBX 755.

Science Group Stock Down 0.9%

The firm has a market capitalization of £227.32 million, a PE ratio of 16.84 and a beta of 0.39. The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 14.61. The firm has a 50-day moving average of GBX 571.40 and a two-hundred day moving average of GBX 565.78.

Science Group (LON:SAG - Get Free Report) last posted its quarterly earnings results on Monday, July 27th. The company reported GBX 20.40 earnings per share (EPS) for the quarter. Science Group had a return on equity of 14.83% and a net margin of 14.34%. On average, equities research analysts forecast that Science Group plc will post 27.30 EPS for the current year.

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. It offers advisory and product/technology development, scientific and regulatory advice, and registration and compliance services. It serves medical, defence and aerospace, food and beverage, consumer, industrial, chemical, and energy sectors.

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