SIG plc (LON:SHI - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 15.52 ($0.21) and traded as high as GBX 16.88 ($0.23). SIG shares last traded at GBX 16 ($0.21), with a volume of 197,569 shares trading hands.
Analysts Set New Price Targets
Separately, Citigroup lowered their price objective on shares of SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating for the company in a research note on Thursday, March 6th.
Check Out Our Latest Research Report on SHI
SIG Price Performance
The company has a quick ratio of 1.10, a current ratio of 1.57 and a debt-to-equity ratio of 268.81. The firm's 50-day moving average is GBX 13.68 and its 200-day moving average is GBX 15.30. The company has a market cap of £183.36 million, a PE ratio of -2.88, a PEG ratio of 1.29 and a beta of 1.93.
SIG (LON:SHI - Get Free Report) last announced its quarterly earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.26)) earnings per share (EPS) for the quarter. SIG had a negative net margin of 2.35% and a negative return on equity of 28.09%. On average, equities analysts anticipate that SIG plc will post 4.1880342 EPS for the current year.
Insider Activity at SIG
In related news, insider Kath Durrant purchased 92,518 shares of SIG stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average price of GBX 13 ($0.17) per share, for a total transaction of £12,027.34 ($16,144.08). Also, insider Ian Ashton sold 470,273 shares of the company'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 transaction of £61,135.49 ($82,061.06). 18.32% of the stock is owned by corporate insiders.
About SIG
(
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.
See Also
Before you consider SIG, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SIG wasn't on the list.
While SIG currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
