SIG plc (LON:SHI - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 15.10 ($0.20) and traded as low as GBX 15.10 ($0.20). SIG shares last traded at GBX 15.10 ($0.20), with a volume of 428,825 shares.
Wall Street Analyst Weigh In
Separately, Citigroup dropped their price objective on SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating on the stock in a research report on Thursday, March 6th.
Get Our Latest Report on SIG
SIG Price Performance
The firm has a market capitalization of £182.47 million, a PE ratio of -2.87, a PEG ratio of 1.29 and a beta of 1.93. 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 has a 50-day simple moving average of GBX 13.92 and a 200-day simple moving average of GBX 15.
SIG (LON:SHI - Get Free Report) last announced its earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.27)) earnings per share (EPS) for the quarter. SIG had a negative return on equity of 28.09% and a negative net margin of 2.35%. As a group, equities analysts forecast that SIG plc will post 4.1880342 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Ian Ashton sold 470,273 shares of the firm's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($82,259.81). Also, insider Kath Durrant acquired 92,518 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was bought at an average cost of GBX 13 ($0.17) per share, for a total transaction of £12,027.34 ($16,183.18). Insiders own 18.32% of the company's stock.
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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