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SIG (LON:SHI) Stock Price Passes Above Two Hundred Day Moving Average - Should You Sell?

SIG logo with Industrials background

SIG plc (LON:SHI - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 14.61 ($0.20) and traded as high as GBX 15.80 ($0.21). SIG shares last traded at GBX 15.80 ($0.21), with a volume of 183,961 shares traded.

Analyst Ratings Changes

Separately, Citigroup cut their price target on SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating for the company in a report on Thursday, March 6th.

Get Our Latest Analysis on SHI

SIG Trading Down 2.5%

The company has a market capitalization of £181.45 million, a price-to-earnings ratio of -2.85, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93. The business has a fifty day moving average price of GBX 14.83 and a 200 day moving average price of GBX 14.52. 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 Company Profile

(Get Free Report)

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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