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

Science Group plc (LON:SAG)’s share price crossed 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 changing hands.

Analyst Ratings Changes

Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 755 price target on shares of Science Group in a research note on Monday, July 27th. One research analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price 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 company has a 50 day simple moving average of GBX 569.91 and a 200-day simple moving average of GBX 566.36. The stock has a market cap of £227.12 million, a price-to-earnings 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.