SIG (LON:SHI) Insider Sells £38,880.32 in Stock

Key Points

• Ian Ashton sold 486,004 SIG shares on March 18 at an average price of GBX 8, valuing the transaction at £38,880.32, and also executed a separate sale of 238,460 shares that same day.
• SIG shares opened at GBX 8.54 and trade near a 12‑month low (GBX 7.47) with a market cap of £99.09m; the company reported GBX (2) EPS last quarter and shows negative return on equity and net margin.
• Analysts maintain a consensus Hold rating with an average price target of GBX 940, after Jefferies lowered its target from GBX 960 to GBX 940.

SIG plc (LON:SHI - Get Free Report) insider Ian Ashton sold 486,004 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of GBX 8, for a total value of £38,880.32.

Ian Ashton also recently made the following trade(s):

• On Wednesday, March 18th, Ian Ashton sold 238,460 shares of SIG stock. The stock was sold at an average price of GBX 8, for a total value of £19,076.80.

SIG Trading Up 2.3%

Shares of SHI stock opened at GBX 8.54 on Monday. SIG plc has a 12 month low of GBX 7.47 and a 12 month high of GBX 18. The company has a quick ratio of 1.10, a current ratio of 1.52 and a debt-to-equity ratio of 499.09. The business's 50 day moving average is GBX 9.49 and its two-hundred day moving average is GBX 9.41. The company has a market cap of £99.09 million, a PE ratio of -1.42, a price-to-earnings-growth ratio of 1.29 and a beta of 0.79.

SIG (LON:SHI - Get Free Report) last issued its quarterly earnings data on Wednesday, March 4th. The company reported GBX (2) earnings per share for the quarter. SIG had a negative return on equity of 47.73% and a negative net margin of 2.47%. Equities analysts predict that SIG plc will post 4.1880342 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group decreased their price target on shares of SIG from GBX 960 to GBX 940 and set a "hold" rating for the company in a report on Thursday, March 5th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, SIG has a consensus rating of "Hold" and an average price target of GBX 940.

SIG Company Profile

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets. We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.

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