SysGroup (LON:SYS) Stock Price Passes Above 50-Day Moving Average – Here’s Why

SysGroup plc (LON:SYS) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 17.52 and traded as high as GBX 18.50. SysGroup shares last traded at GBX 18.50, with a volume of 1,315 shares trading hands.

SysGroup Trading Up 2.8%

The company has a current ratio of 1.61, a quick ratio of 0.94 and a debt-to-equity ratio of 22.16. The business has a 50 day simple moving average of GBX 17.52 and a two-hundred day simple moving average of GBX 15.84. The stock has a market cap of £15.49 million, a price-to-earnings ratio of -7.40 and a beta of 0.35.

SysGroup Company Profile

SysGroup plc is a trusted provider of cloud, cybersecurity and digital infrastructure services to the UK mid-market. The Group helps organisations modernise, secure and optimise their IT environments through a consultative, end-to-end service offering.

The Group has offices in Edinburgh, London, Manchester and Newport.

For more information, visit www.sysgroup.com