Science Group (LON:SAG) Reaches New 52-Week High - What's Next?

Key Points

• Science Group plc (LON:SAG) achieved a new 52-week high of GBX 580 ($7.79) during trading, closing at GBX 560.50 ($7.53) with a trading volume of 111,259 shares.
• Analysts at Canaccord Genuity reaffirmed a "buy" rating for Science Group and set a price target of GBX 758 ($10.19) for the stock.
• The company reported a quarterly earnings per share (EPS) of GBX 19.30 ($0.26) and has an expected annual EPS of 27.30 for the current year.

Science Group plc (LON:SAG - Get Free Report)'s stock price hit a new 52-week high during trading on Monday . The company traded as high as GBX 580 ($7.66) and last traded at GBX 560.50 ($7.40), with a volume of 111259 shares changing hands. The stock had previously closed at GBX 553.60 ($7.31).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 758 ($10.01) price objective on shares of Science Group in a research report on Wednesday, May 21st.

Science Group Price Performance

The business has a 50-day moving average price of GBX 511.97 and a 200 day moving average price of GBX 464.29. The company has a current ratio of 2.01, a quick ratio of 1.56 and a debt-to-equity ratio of 19.36. The company has a market cap of £249.16 million, a price-to-earnings ratio of 42.08 and a beta of 0.46.

Science Group (LON:SAG - Get Free Report) last announced its earnings results on Monday, July 28th. The company reported GBX 19.30 ($0.25) earnings per share (EPS) for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. As a group, research analysts expect that Science Group plc will post 27.3000005 earnings per share for the current fiscal year.

Science Group Company Profile

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.