SigmaRoc (LON:SRC) Shares Up 0.6% – What’s Next?

by · The Markets Daily

Shares of SigmaRoc plc (LON:SRC – Get Free Report) were up 0.6% during trading on Thursday . The company traded as high as GBX 73.80 ($0.90) and last traded at GBX 72.70 ($0.89). Approximately 361,440 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,600,338 shares. The stock had previously closed at GBX 72.30 ($0.88).

SigmaRoc Price Performance

The stock has a market capitalization of £801.42 million, a PE ratio of -7,220.00 and a beta of 1.72. The firm’s fifty day moving average price is GBX 75.52 and its two-hundred day moving average price is GBX 71.38. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 93.89.

Insiders Place Their Bets

In other news, insider David Barrett bought 85,000 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were acquired at an average cost of GBX 71 ($0.87) per share, with a total value of £60,350 ($73,687.42). 21.82% of the stock is currently owned by insiders.

About SigmaRoc

(Get Free Report)

SigmaRoc is an AIM-quoted lime and limestone group targeting quarried materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de-risk its investments through the selection of projects with strong asset-backing.

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