Science Group (LON:SAG) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Science Group plc (LON:SAG) passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 566.36 and traded as low as GBX 566.05. Science Group shares last traded at GBX 566.05, with a volume of 342,130 shares trading hands.

Wall Street Analysts Forecast Growth

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

Science Group Stock Down 0.4%

The company has a debt-to-equity ratio of 14.61, a quick ratio of 1.56 and a current ratio of 2.27. The company has a fifty day moving average of GBX 569.91 and a two-hundred day moving average of GBX 566.36. The company has a market cap of £227.12 million, a PE ratio of 16.90 and a beta of 0.39.

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.