SIG plc (LON:SHI - Get Free Report) was down 13.6% on Friday . The stock traded as low as GBX 15.08 ($0.20) and last traded at GBX 15.56 ($0.21). Approximately 2,121,635 shares changed hands during trading, an increase of 14% from the average daily volume of 1,858,829 shares. The stock had previously closed at GBX 18 ($0.24).
Wall Street Analysts Forecast Growth
Separately, Citigroup cut their price objective on SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating for the company in a research report on Thursday, March 6th.
Read Our Latest Report on SHI
SIG Price Performance
The firm has a market capitalization of £190.81 million, a PE ratio of -3.00, a P/E/G ratio of 1.29 and a beta of 1.93. The company has a 50-day moving average price of GBX 13.23 and a 200-day moving average price of GBX 15.69. The company has a debt-to-equity ratio of 268.81, a current ratio of 1.57 and a quick ratio of 1.10.
SIG (LON:SHI - Get Free Report) last released its earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.26)) EPS for the quarter. SIG had a negative return on equity of 28.09% and a negative net margin of 2.35%. Sell-side analysts forecast that SIG plc will post 4.1880342 EPS for the current year.
Insider Buying and Selling at SIG
In other SIG news, insider Ian Ashton sold 470,273 shares of the company's stock in a transaction that occurred on Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($81,362.11). Also, insider Kath Durrant purchased 92,518 shares of the stock in a transaction dated Tuesday, March 11th. The stock was purchased at an average price of GBX 13 ($0.17) per share, with a total value of £12,027.34 ($16,006.57). 18.32% of the stock is owned by company 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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