SIG plc (LON:SHI - Get Free Report)'s share price fell 14.2% during mid-day trading on Friday . The company traded as low as GBX 15.25 ($0.20) and last traded at GBX 15.44 ($0.21). 1,550,553 shares traded hands during trading, a decline of 16% from the average session volume of 1,852,412 shares. The stock had previously closed at GBX 18 ($0.24).
Wall Street Analyst Weigh In
Separately, Citigroup decreased their price target 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 report on Thursday, March 6th.
Check Out Our Latest Research Report on SHI
SIG Stock Down 1.2%
The company's 50 day moving average is GBX 13.23 and its two-hundred day moving average is GBX 15.69. 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 company has a market capitalization of £190.81 million, a PE ratio of -3.00, a PEG ratio of 1.29 and a beta of 1.93.
SIG (LON:SHI - Get Free Report) last released 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, analysts anticipate that SIG plc will post 4.1880342 earnings per share for the current year.
Insider Buying and Selling at SIG
In other SIG news, insider Ian Ashton sold 470,273 shares of the firm's stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total transaction of £61,135.49 ($81,362.11). Also, insider Kath Durrant bought 92,518 shares of the stock in a transaction on Tuesday, March 11th. The stock was acquired at an average price of GBX 13 ($0.17) per share, with a total value of £12,027.34 ($16,006.57). 18.32% of the stock is currently owned by corporate insiders.
SIG Company Profile
(
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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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