SDI Group (LON:SDI) Stock Price Passes Below 200-Day Moving Average – What’s Next?

SDI Group plc (LON:SDI)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 83.59 and traded as low as GBX 80.13. SDI Group shares last traded at GBX 80.30, with a volume of 632,819 shares changing hands.

SDI Group Trading Down 2.1%

The company has a market cap of £83.97 million, a P/E ratio of 18.55 and a beta of 1.43. The business’s 50-day moving average price is GBX 80.88 and its 200 day moving average price is GBX 83.57. The company has a debt-to-equity ratio of 47.29, a quick ratio of 0.79 and a current ratio of 2.36.

SDI Group (LON:SDI) last released its quarterly earnings data on Wednesday, December 3rd. The company reported GBX 1.73 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, analysts expect 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.

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).