SIG (LON:SHI) Shares Cross Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• SIG plc's share price has fallen below its 200-day moving average of GBX 13.95, trading as low as GBX 11.74 on Monday.
• The company reported a negative earnings per share of GBX (11.40) for the last quarter and has a market capitalization of £142.26 million.
• SIG has a high debt-to-equity ratio of 268.81 and negative return on equity of 28.09%, indicating financial challenges.

Shares of SIG plc (LON:SHI - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 13.95 ($0.19) and traded as low as GBX 11.74 ($0.16). SIG shares last traded at GBX 12.05 ($0.16), with a volume of 718,447 shares traded.

SIG Stock Up 0.4%

The company has a debt-to-equity ratio of 268.81, a current ratio of 1.57 and a quick ratio of 1.10. The firm's 50-day moving average price is GBX 14.42 and its 200 day moving average price is GBX 13.90. The firm has a market cap of £137.40 million, a P/E ratio of -2.16, a PEG ratio of 1.29 and a beta of 1.93.

SIG (LON:SHI - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported GBX (11.40) (($0.15)) EPS for the quarter. SIG had a negative return on equity of 28.09% and a negative net margin of 2.35%. On average, equities research analysts expect that SIG plc will post 4.1880342 earnings per share for the current fiscal year.

About SIG

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.