Science Group (LON:SAG) Reaches New 12-Month High - Here's What Happened

Key Points

• Science Group plc shares reached a new 52-week high of GBX 580 ($7.80) during mid-day trading, although they traded slightly lower at GBX 572 ($7.69) by the end of the session.
• Analysts at Canaccord Genuity reaffirmed their "buy" rating with a target price of GBX 758 ($10.19) for Science Group shares.
• The company reported EPS of GBX 19.30 ($0.26) in its recent quarterly earnings, with an expected EPS of 27.30 for the current fiscal year.

Science Group plc (LON:SAG - Get Free Report) hit a new 52-week high on Monday . The company traded as high as GBX 580 ($7.86) and last traded at GBX 572 ($7.75), with a volume of 123296 shares. The stock had previously closed at GBX 575 ($7.79).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 758 ($10.27) target price on shares of Science Group in a research note on Wednesday, May 21st.

Science Group Trading Down 0.5%

The company has a quick ratio of 1.56, a current ratio of 2.01 and a debt-to-equity ratio of 19.36. The stock has a market capitalization of £255.80 million, a P/E ratio of 43.20 and a beta of 0.46. The firm's 50 day simple moving average is GBX 536.07 and its two-hundred day simple moving average is GBX 472.64.

Science Group (LON:SAG - Get Free Report) last posted its earnings results on Monday, July 28th. The company reported GBX 19.30 ($0.26) EPS for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. As a group, analysts forecast that Science Group plc will post 27.3000005 earnings per share for the current fiscal 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.