SU Group (NASDAQ:SUGP) Shares Up 6.5% – Still a Buy?

Shares of SU Group Holdings Limited (NASDAQ:SUGP) rose 6.5% during trading on Thursday . The company traded as high as $7.40 and last traded at $6.67. Approximately 141,017 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 138,627 shares. The stock had previously closed at $6.26.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of SU Group in a report on Wednesday, October 8th. Wall Street Zen upgraded SU Group to a “sell” rating in a research report on Saturday, December 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, SU Group has a consensus rating of “Sell”.

SU Group Stock Down 1.8%

The business has a 50 day moving average price of $6.15 and a two-hundred day moving average price of $6.72.

SU Group Company Profile

SU Group Holdings Limited, through its subsidiaries, operates as an integrated security-related services company in Hong Kong and internationally. The company operates through two segments, Security-Related Engineering Services Business; and Security Guarding and Screening Services Business. It primarily provides security-related engineering, security guarding and screening, and related vocational training services. The company also engages in the design, supply, installation, maintenance, and testing and commissioning of various security systems.