SDI Group (LON:SDI) Stock Price Breaks Above 50 Day Moving Average – Time to Sell?

SDI Group plc (LON:SDI) crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 90.69 and traded as high as GBX 97. SDI Group shares last traded at GBX 96.40, with a volume of 99,194 shares changing hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 145 target price on shares of SDI Group in a report on Wednesday, September 23rd. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 145.

SDI Group Stock Performance

The firm’s fifty day moving average price is GBX 90.90 and its 200 day moving average price is GBX 85.84. The firm has a market cap of £99.35 million, a P/E ratio of 20.70 and a beta of 1.11. The company has a debt-to-equity ratio of 62.26, a quick ratio of 0.79 and a current ratio of 2.07.

SDI Group (LON:SDI) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. SDI Group had a net margin of 6.59% and a return on equity of 9.24%. Sell-side analysts expect that SDI Group plc will post 6.00 EPS for the current fiscal year.

About SDI Group

SDI Group plc, is a buy and build group, focused on companies which design and manufacture specialist lab equipment, industrial & scientific sensors and industrial & scientific products. The Group includes small to medium size companies with specialist industrial and scientific products in growth sector niches which help solve customers’ key challenges.

It specialises in the acquisition and development of companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products.

Its portfolio of businesses serves a broad spectrum of specialised markets, ranging from advanced industrial technologies (aerospace & defence, manufacturing, semiconductors and precision measurement) to scientific and medical applications (life sciences, healthcare, astronomy).