Science Group (LON:SAG) Stock Passes Below 200 Day Moving Average – Here’s Why

Science Group plc (LON:SAG) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 448.76 ($5.92) and traded as low as GBX 410 ($5.41). Science Group shares last traded at GBX 412.10 ($5.43), with a volume of 21,484 shares changing hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 758 ($9.99) price target on shares of Science Group in a research report on Monday, March 24th.

Science Group Price Performance

The company has a market cap of £184.21 million, a price-to-earnings ratio of 31.11 and a beta of 0.46. The stock has a 50 day simple moving average of GBX 430.48 and a two-hundred day simple moving average of GBX 448.76. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.01 and a quick ratio of 1.56.

Science Group (LON:SAG) last issued its earnings results on Monday, March 24th. The company reported GBX 26.50 ($0.35) EPS for the quarter. Science Group had a net margin of 5.44% and a return on equity of 7.43%. On average, equities research analysts predict that Science Group plc will post 27.3000005 earnings per share for the current fiscal year.

Science Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 4th. Shareholders of record on Thursday, May 22nd will be given a GBX 8 ($0.11) dividend. The ex-dividend date is Thursday, May 22nd. This represents a yield of 1.95%. Science Group’s dividend payout ratio is currently 60.40%.

Insider Transactions at Science Group

In other Science Group news, insider Daniel Edwards acquired 6,667 shares of the stock in a transaction dated Tuesday, March 25th. The stock was acquired at an average price of GBX 425 ($5.60) per share, with a total value of £28,334.75 ($37,361.22). Also, insider Martyn Roy Ratcliffe bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, April 7th. The shares were acquired at an average cost of GBX 410 ($5.41) per share, for a total transaction of £41,000 ($54,061.18). Company insiders own 24.43% of the company’s stock.

Science Group Company Profile

Science Group plc, a science, engineering, and technology business company, provides consultancy services in the United Kingdom, rest of Europe, North America, Asia, and internationally. The company operates through three segments: Services Operating Business, Product Operating Business, and Freehold Properties.