SDI Group (LON:SDI) Stock Passes Below 200-Day Moving Average - Time to Sell?

Key Points

• SDI Group shares fell below their 200-day moving average, trading as low as GBX 75 versus the 200-day MA of GBX 77.24, with 139,502 shares changing hands.
• An insider, Kenneth Ford, sold 235,217 shares at an average of GBX 79 on March 2 for about £185,821, and insiders now own 3.87% of the stock.
• Key fundamentals: market capitalization £82.3m, P/E 18.18, quick ratio 0.79, current ratio 2.23 and debt-to-equity 50.63, indicating modest valuation but relatively low near-term liquidity and moderate leverage.

SDI Group plc (LON:SDI - ) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 77.24 and traded as low as GBX 75. SDI Group shares last traded at GBX 75, with a volume of 139,502 shares traded.

SDI Group Price Performance

The company has a 50 day moving average of GBX 74.99 and a 200-day moving average of GBX 77.24. The stock has a market capitalization of £82.30 million, a P/E ratio of 18.18 and a beta of 1.04. The company has a quick ratio of 0.79, a current ratio of 2.23 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 the firm's stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 79, for a total transaction of £185,821.43. 3.87% of the stock is owned by company 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).

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