SDI Group (LON:SDI) Stock Price Up 1.7% – Here’s Why

SDI Group plc (LON:SDI) traded up 1.7% during mid-day trading on Thursday . The company traded as high as GBX 60 ($0.76) and last traded at GBX 59 ($0.75). 60,893 shares were traded during mid-day trading, a decline of 82% from the average session volume of 344,783 shares. The stock had previously closed at GBX 58 ($0.74).

SDI Group Stock Performance

The company has a market capitalization of £61.68 million, a price-to-earnings ratio of 1,475.00 and a beta of 1.43. The stock has a 50 day simple moving average of GBX 56.80 and a 200 day simple moving average of GBX 61.58. The company has a quick ratio of 0.79, a current ratio of 2.36 and a debt-to-equity ratio of 47.28.

Insider Buying and Selling

In other news, insider Kenneth Ford bought 100,000 shares of the firm’s stock in a transaction on Thursday, September 26th. The stock was purchased at an average price of GBX 58 ($0.74) per share, for a total transaction of £58,000 ($73,520.09). Company insiders own 10.60% of the company’s stock.

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.