ScS Group (LON:SCS) Stock Passes Below 50-Day Moving Average of $231.07

ScS Group plc (LON:SCS)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 231.07 ($3.14) and traded as low as GBX 212 ($2.88). ScS Group shares last traded at GBX 214.50 ($2.91), with a volume of 40,842 shares.

Separately, Shore Capital reaffirmed a “house stock” rating on shares of ScS Group in a research note on Friday, November 26th.

The company has a debt-to-equity ratio of 260.75, a quick ratio of 0.94 and a current ratio of 1.14. The company has a market capitalization of £81.54 million and a price-to-earnings ratio of 4.41. The company’s fifty day simple moving average is GBX 231.07 and its two-hundred day simple moving average is GBX 268.62.

In other news, insider Steve Carson purchased 75,000 shares of ScS Group stock in a transaction dated Thursday, December 16th. The shares were bought at an average cost of GBX 209 ($2.84) per share, for a total transaction of £156,750 ($212,773.18).

About ScS Group (LON:SCS)

ScS Group plc, together with its subsidiaries, engages in the retail of upholstered furniture, flooring, and related products in the United Kingdom. Its stores offer various upholstered furniture products; dining and occasional furniture products; and flooring products, such as carpets, rugs, and laminate and vinyl tiling products The company provides products under the Signature, Inspire, and Living brands, as well as third party brands, including La-Z-Boy and G Plan.

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