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SIG (LON:SHI) Stock Crosses Above Two Hundred Day Moving Average - What's Next?

SIG logo with Industrials background

Shares of SIG plc (LON:SHI - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 14.45 ($0.20) and traded as high as GBX 15.56 ($0.21). SIG shares last traded at GBX 15.56 ($0.21), with a volume of 273,832 shares trading hands.

Analyst Ratings Changes

Separately, Citigroup decreased their target price on shares of SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating on the stock in a research note on Thursday, March 6th.

Read Our Latest Analysis on SIG

SIG Trading Down 3.4%

The company has a market capitalization of £179.06 million, a PE ratio of -2.82, a PEG ratio of 1.29 and a beta of 1.93. The company has a fifty day simple moving average of GBX 15.20 and a 200-day simple moving average of GBX 14.38. The company has a current ratio of 1.57, a quick ratio of 1.10 and a debt-to-equity ratio of 268.81.

About SIG

(Get Free Report)

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.

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