SIG (LON:SHI) Share Price Crosses Above 200 Day Moving Average - Time to Sell?

Key Points

• SIG plc's stock price crossed above its 200-day moving average of GBX 14.12, rising to a high of GBX 15.30 during trading.
• The company has a market capitalization of £167.13 million and a negative price-to-earnings ratio of -2.63, indicating potential financial challenges.
• SIG is a leading provider of specialist insulation and sustainable building products, serving over 75,000 customers across Europe.

SIG plc (LON:SHI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 14.12 ($0.19) and traded as high as GBX 15.30 ($0.20). SIG shares last traded at GBX 14 ($0.19), with a volume of 225,525 shares trading hands.

SIG Stock Down 1.6%

The stock's 50-day moving average price is GBX 14.81 and its two-hundred day moving average price is GBX 14.07. The stock has a market capitalization of £149.22 million, a P/E ratio of -2.35, a P/E/G ratio of 1.29 and a beta of 1.93. The company has a current ratio of 1.57, a quick ratio of 1.10 and a debt-to-equity ratio of 268.81.

SIG (LON:SHI - Get Free Report) last released its quarterly earnings data 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%. As a group, 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.