The stock of SU Group Holdings Ltd (NASDAQ: SUGP) has increased by 8.49 when compared to last closing price of 1.24.Despite this, the company has seen a gain of 22.30% in its stock price over the last five trading days. prnewswire.com reported 2024-10-01 that HONG KONG, Oct. 1, 2024 /PRNewswire/ — SU Group Holdings Limited (Nasdaq: SUGP) (“SU Group” or the “Company”), an integrated security-related engineering services company in Hong Kong, today announced a milestone agreement to install a Smart Site Safety System (“4S”) at a major Hong Kong hospital. This represents the Company’s entrance into a new emerging, high priority government mandated market that seeks to use artificial intelligence (AI) and Internet of Things (IoT) technologies to create safer and more efficient working environments.
Is It Worth Investing in SU Group Holdings Ltd (NASDAQ: SUGP) Right Now?
The public float for SUGP is 3.99M, and currently, short sellers hold a 0.11% ratio of that floaft. The average trading volume of SUGP on November 08, 2024 was 85.98K shares.
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SUGP’s Market Performance
The stock of SU Group Holdings Ltd (SUGP) has seen a 22.30% increase in the past week, with a 12.11% rise in the past month, and a -49.80% fall in the past quarter. The volatility ratio for the week is 7.29%, and the volatility levels for the past 30 days are at 9.33% for SUGP. The simple moving average for the last 20 days is 14.43% for SUGP’s stock, with a simple moving average of -41.41% for the last 200 days.
SUGP Trading at 8.37% from the 50-Day Moving Average
After a stumble in the market that brought SUGP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.04% of loss for the given period.
Volatility was left at 9.33%, however, over the last 30 days, the volatility rate increased by 7.29%, as shares surge +5.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -30.59% lower at present.
During the last 5 trading sessions, SUGP rose by +18.64%, which changed the moving average for the period of 200-days by -58.17% in comparison to the 20-day moving average, which settled at $1.1736. In addition, SU Group Holdings Ltd saw -66.37% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SUGP starting from Koo Lon Tien, who proposed sale 132,500 shares at the price of $1.16 back on Sep 23 ’24. After this action, Koo Lon Tien now owns shares of SU Group Holdings Ltd, valued at $153,700 using the latest closing price.
KONG WING FAI, the Director, Company Secretary, a of SU Group Holdings Ltd, proposed sale 120,000 shares at $1.65 during a trade that took place back on Sep 11 ’24, which means that KONG WING FAI is holding shares at $198,000 based on the most recent closing price.
Stock Fundamentals for SUGP
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.31 for the gross margin
The net margin for SU Group Holdings Ltd stands at 0.06. The total capital return value is set at 0.11.
Currently, EBITDA for the company is 1.78 million with net debt to EBITDA at -3.78. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 4.3for trailing twelve months and the total asset turnover is 1.03.
Conclusion
In a nutshell, SU Group Holdings Ltd (SUGP) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
