SysGroup (LON:SYS) Stock Passes Below 50 Day Moving Average – Time to Sell?

SysGroup plc (LON:SYSGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 33.57 ($0.44) and traded as low as GBX 30.01 ($0.39). SysGroup shares last traded at GBX 30.40 ($0.39), with a volume of 34,584 shares.

SysGroup Stock Down 0.3 %

The company has a quick ratio of 0.94, a current ratio of 0.63 and a debt-to-equity ratio of 36.18. The company has a fifty day simple moving average of GBX 33.57 and a 200 day simple moving average of GBX 33.33. The firm has a market capitalization of £25.22 million, a P/E ratio of -253.33 and a beta of 0.29.

About SysGroup

(Get Free Report)

SysGroup plc, together with its subsidiaries, engages in the provision of managed information technology (IT) and cloud hosting services in the United Kingdom and internationally. The company operates through two segments, Managed IT Services and Value Added Resale. It offers consultancy services, such as strategic reviews, cloud consultancy, security assessments, incident response planning, platform migration, and architecture audits.

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