Science Group (LON:SAG) Stock Breaks Below 200-Day Moving Average – Time to Sell?

Science Group plc (LON:SAG) passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 576.34 and traded as low as GBX 566. Science Group shares last traded at GBX 568.26, with a volume of 80,423 shares trading hands.

Wall Street Analyst Weigh In

Separately, Peel Hunt reiterated a “buy” rating and issued a GBX 755 target price on shares of Science Group in a report on Monday, July 27th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Science Group currently has an average rating of “Buy” and an average target price of GBX 755.

Science Group Stock Performance

The company’s fifty day moving average is GBX 572.44 and its 200-day moving average is GBX 576.66. The company has a debt-to-equity ratio of 14.61, a current ratio of 2.27 and a quick ratio of 1.56. The stock has a market cap of £229.70 million, a PE ratio of 17.01 and a beta of 0.39.

Science Group (LON:SAG) last released its quarterly earnings results on Monday, July 27th. The company reported GBX 20.40 earnings per share for the quarter. Science Group had a return on equity of 14.83% and a net margin of 14.34%. On average, analysts predict 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.