SIG plc (LON:SHI - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 14.93 ($0.20) and traded as high as GBX 15.30 ($0.21). SIG shares last traded at GBX 14.99 ($0.20), with a volume of 399,010 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Citigroup cut their price target on shares of SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating on the stock in a report on Thursday, March 6th.
Read Our Latest Stock Report on SIG
SIG Trading Down 1.9%
The company has a quick ratio of 1.10, a current ratio of 1.57 and a debt-to-equity ratio of 268.81. The firm's 50 day simple moving average is GBX 14.03 and its two-hundred day simple moving average is GBX 14.93. The stock has a market cap of £170.47 million, a P/E ratio of -2.68, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93.
SIG (LON:SHI - Get Free Report) last released its earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.27)) earnings per share for the quarter. SIG had a negative net margin of 2.35% and a negative return on equity of 28.09%. As a group, equities research analysts predict that SIG plc will post 4.1880342 earnings per share for the current fiscal year.
Insider Buying and Selling at SIG
In other news, insider Ian Ashton sold 470,273 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of GBX 13 ($0.18), for a total transaction of £61,135.49 ($82,850.64). Also, insider Kath Durrant purchased 92,518 shares of the stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average price of GBX 13 ($0.18) per share, with a total value of £12,027.34 ($16,299.42). 18.32% of the stock is owned by insiders.
About SIG
(
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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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