SDI Group (LON:SDI) Stock Passes Above Fifty Day Moving Average - Here's Why

Key Points

• SDI Group plc's shares have crossed above the 50-day moving average during trading, reaching a price of GBX 89.60 ($1.21).
• The company reported earnings of GBX 6.18 ($0.08) per share for the last quarter and has a predicted EPS of 6.00 for the current fiscal year.
• SDI Group has a market capitalization of £93.56 million and a debt-to-equity ratio of 47.29, indicating its financial leverage.

SDI Group plc (LON:SDI - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 88.23 ($1.19) and traded as high as GBX 89.60 ($1.21). SDI Group shares last traded at GBX 89.60 ($1.21), with a volume of 308,438 shares traded.

SDI Group Price Performance

The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36. The company has a 50-day simple moving average of GBX 89.01 and a 200-day simple moving average of GBX 69.62. The company has a market cap of £93.76 million, a price-to-earnings ratio of 22.11 and a beta of 1.43.

SDI Group (LON:SDI - Get Free Report) last released its earnings results on Wednesday, July 30th. The company reported GBX 6.18 earnings per share (EPS) for the quarter. SDI Group had a return on equity of 9.52% and a net margin of 6.43%. As a group, research analysts predict that SDI Group plc will post 6.002265 earnings per share for the current year.

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.