SIG plc (LON:SHI - Get Free Report)'s stock price was up 13.6% during trading on Friday . The company traded as high as GBX 18 ($0.24) and last traded at GBX 18 ($0.24). Approximately 1,914,845 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 1,855,842 shares. The stock had previously closed at GBX 15.84 ($0.21).
Wall Street Analysts Forecast Growth
Separately, Citigroup lowered their target price on shares of SIG from GBX 17 ($0.23) to GBX 14 ($0.19) and set a "buy" rating on the stock in a research note on Thursday, March 6th.
Check Out Our Latest Analysis on SHI
SIG Stock Down 10.6%
The company has a current ratio of 1.57, a quick ratio of 1.10 and a debt-to-equity ratio of 268.81. The firm has a market cap of £192.20 million, a price-to-earnings ratio of -3.02, a PEG ratio of 1.29 and a beta of 1.93. The firm has a 50-day moving average of GBX 13.08 and a two-hundred day moving average of GBX 15.86.
SIG (LON:SHI - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.26)) 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, sell-side analysts predict that SIG plc will post 4.1880342 earnings per share for the current fiscal year.
Insider Transactions at SIG
In related news, insider Ian Ashton sold 470,273 shares of the company's stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($81,232.38). Also, insider Kath Durrant bought 92,518 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of GBX 13 ($0.17) per share, for a total transaction of £12,027.34 ($15,981.05). 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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