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SIG (LON:SHI) Stock Price Crosses Below Two Hundred Day Moving Average - Time to Sell?

SIG logo with Industrials background

Key Points

  • SIG plc's stock price has fallen below its two hundred day moving average, trading at GBX 9.43 ($0.13) compared to the average of GBX 13.18 ($0.18).
  • The company reported a negative earnings per share of GBX (11.40) for the last quarter and has a negative net margin of 2.35% and return on equity of 28.09%.
  • SIG has a debt-to-equity ratio of 268.81 and a current ratio of 1.57, indicating potential liquidity challenges.
  • Interested in SIG? Here are five stocks we like better.

SIG plc (LON:SHI - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 13.18 ($0.18) and traded as low as GBX 9.38 ($0.13). SIG shares last traded at GBX 9.43 ($0.13), with a volume of 320,046 shares traded.

SIG Stock Up 1.6%

The company has a debt-to-equity ratio of 268.81, a quick ratio of 1.10 and a current ratio of 1.57. The company has a market capitalization of £111.22 million, a price-to-earnings ratio of -159.67, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93. The firm's 50-day simple moving average is GBX 11.12 and its 200-day simple moving average is GBX 13.18.

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

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.

Further Reading

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