Science Group (LON:SAG) Shares Break Below Two Hundred Day Moving Average – What’s Next?

Shares of Science Group plc (LON:SAG) 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.

Analyst Upgrades and Downgrades

Separately, Peel Hunt restated a “buy” rating and set a GBX 755 price objective on shares of Science Group in a report on Monday, July 27th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 755.

Science Group Stock Down 0.5%

The company has a quick ratio of 1.56, a current ratio of 2.27 and a debt-to-equity ratio of 14.61. The firm has a market capitalization of £228.09 million, a price-to-earnings ratio of 16.90 and a beta of 0.39. The stock has a 50 day moving average of GBX 570.93 and a 200 day moving average of GBX 565.97.

Science Group (LON:SAG) last released its earnings results on Monday, July 27th. The company reported GBX 20.40 EPS for the quarter. Science Group had a return on equity of 14.83% and a net margin of 14.34%. As a group, analysts expect that Science Group plc will post 27.30 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. 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.