Science Group (LON:SAG) Shares Cross Above 200 Day Moving Average – Here’s Why

Science Group plc (LON:SAG)’s stock price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 571.27 and traded as high as GBX 580. Science Group shares last traded at GBX 570.50, with a volume of 111,787 shares trading hands.

Analysts Set New Price Targets

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

Science Group Price Performance

The company has a current ratio of 2.27, a quick ratio of 1.56 and a debt-to-equity ratio of 14.61. The business’s 50 day moving average price is GBX 576.92 and its two-hundred day moving average price is GBX 571.48. The stock has a market cap of £230.47 million, a P/E ratio of 17.03 and a beta of 0.36.

Science Group (LON:SAG) last issued its quarterly earnings data on Monday, July 27th. The company reported GBX 20.40 EPS for the quarter. Science Group had a net margin of 14.34% and a return on equity of 14.83%. As a group, sell-side analysts expect that Science Group plc will post 27.3000005 earnings per share for the current fiscal year.

Science Group Company Profile

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.