SDI Group (LON:SDI) Share Price Passes Below 200 Day Moving Average – Time to Sell?

SDI Group plc (LON:SDI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 61.19 ($0.79) and traded as low as GBX 51 ($0.66). SDI Group shares last traded at GBX 52 ($0.68), with a volume of 84,810 shares trading hands.

SDI Group Stock Performance

The stock’s 50-day moving average is GBX 57.25 and its 200-day moving average is GBX 61.22. The company has a current ratio of 2.36, a quick ratio of 0.79 and a debt-to-equity ratio of 47.28. The stock has a market cap of £54.37 million, a price-to-earnings ratio of 1,300.00 and a beta of 1.43.

Insiders Place Their Bets

In other SDI Group news, insider Kenneth Ford bought 100,000 shares of SDI Group stock in a transaction that occurred on Thursday, September 26th. The shares were acquired at an average price of GBX 58 ($0.75) per share, for a total transaction of £58,000 ($75,305.12). 10.60% of the stock is owned by insiders.

SDI Group Company Profile

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.