SU Group (NASDAQ:SUGP) Stock Bumped Up to “Hold” by Wall Street Zen

Wall Street Zen upgraded shares of SU Group (NASDAQ:SUGP) from a sell rating to a hold rating in a report published on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings lowered shares of SU Group from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, September 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

SU Group Stock Down 18.6%

Shares of NASDAQ SUGP opened at $0.41 on Friday. The business has a fifty day moving average price of $1.27 and a two-hundred day moving average price of $9.76. SU Group has a fifty-two week low of $0.37 and a fifty-two week high of $55.00.

Shares of SU Group are going to reverse split on Wednesday, October 7th. The 1-6 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, October 6th.

SU Group (NASDAQ:SUGP) last issued its quarterly earnings results on Tuesday, September 29th. The company reported ($0.93) EPS for the quarter. The company had revenue of $5.51 million during the quarter.

SU Group Company Profile

SU Group Holdings Limited is a Hong Kong-based provider of security and facility management services. Through its operating subsidiaries, the company serves commercial, residential, public-sector and other institutional customers in Hong Kong.

Its security business includes manned guarding, patrol and access-control services, security monitoring, event security and related risk-management support. SU Group also provides technology-enabled security solutions, including the design, installation and maintenance of electronic security systems and equipment.

The company’s facility management activities complement its security operations and may include building support, maintenance coordination and other services intended to help customers manage and protect their properties.