SDI Group (LON:SDI) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of SDI Group plc (LON:SDI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 61.52 ($0.80) and traded as low as GBX 51 ($0.67). SDI Group shares last traded at GBX 52 ($0.68), with a volume of 221,868 shares changing hands.

SDI Group Trading Down 1.0 %

The firm has a market cap of £53.84 million, a PE ratio of 1,287.50 and a beta of 1.43. The company has a 50-day simple moving average of GBX 58.53 and a 200 day simple moving average of GBX 61.43. The company has a current ratio of 2.36, a quick ratio of 0.79 and a debt-to-equity ratio of 47.28.

Insider Buying and Selling at SDI Group

In other news, insider Kenneth Ford bought 100,000 shares of the stock in a transaction dated Thursday, September 26th. The shares were acquired at an average cost of GBX 58 ($0.76) per share, with a total value of £58,000 ($75,737.79). 10.60% of the stock is owned by corporate insiders.

About SDI Group

SDI Group plc, through its subsidiaries, designs and manufactures scientific and technology products based on digital imaging and sensing and control applications worldwide. The company offers sensitive camera for life science and industrial applications under the Atik Camera brand; cameras for art conservation under the Opus Instruments brand; and camera that have applications in astronomy field under the Quantum Scientific Imaging brand.