SigmaRoc (LON:SRC) Insider Max Vermoken Buys 1,421 Shares

Key Points

• Insider Max Vermoken bought 1,421 shares on April 8 at GBX 127 (≈£1,804.67) and previously bought 17,855 shares on March 18 at GBX 112 (≈£19,997.60), indicating recent insider buying activity.
• SigmaRoc shares were trading up to GBX 128.90 with a market cap of £1.43bn, and analysts have an average rating of “Moderate Buy” with an average price target of GBX 162 (individual targets range from GBX 130 to GBX 216).
• The company reported quarterly EPS of GBX 10.51, with a return on equity of 10.11% and a net margin of 7.68%.

SigmaRoc plc (LON:SRC - Get Free Report) insider Max Vermoken purchased 1,421 shares of the company's stock in a transaction on Wednesday, April 8th. The shares were purchased at an average price of GBX 127 per share, with a total value of £1,804.67.

Max Vermoken also recently made the following trade(s):

• On Wednesday, March 18th, Max Vermoken purchased 17,855 shares of SigmaRoc stock. The shares were purchased at an average price of GBX 112 per share, with a total value of £19,997.60.

SigmaRoc Trading Up 2.5%

LON:SRC traded up GBX 3.10 on Friday, hitting GBX 128.90. 6,954,157 shares of the stock were exchanged, compared to its average volume of 15,437,724. The stock has a market cap of £1.43 billion, a PE ratio of 19.10 and a beta of 1.27. The company has a current ratio of 1.17, a quick ratio of 0.88 and a debt-to-equity ratio of 77.40. The stock has a fifty day moving average of GBX 132.30 and a 200-day moving average of GBX 125.45. SigmaRoc plc has a fifty-two week low of GBX 82.58 and a fifty-two week high of GBX 152.80.

SigmaRoc (LON:SRC - Get Free Report) last announced its quarterly earnings results on Monday, March 16th. The company reported GBX 10.51 EPS for the quarter. SigmaRoc had a return on equity of 10.11% and a net margin of 7.68%. As a group, equities analysts expect that SigmaRoc plc will post 9.1989319 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on SRC shares. Berenberg Bank reissued a "hold" rating and issued a GBX 130 price target on shares of SigmaRoc in a report on Monday, March 16th. Panmure Gordon boosted their price objective on SigmaRoc from GBX 198 to GBX 216 and gave the stock a "buy" rating in a research note on Monday, January 19th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, SigmaRoc presently has an average rating of "Moderate Buy" and an average price target of GBX 162.

About SigmaRoc

SigmaRoc is an AIM-quoted lime and limestone group targeting quarried materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de-risk its investments through the selection of projects with strong asset-backing.

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