SigmaRoc (LON:SRC) Hits New 12-Month High - Here's What Happened

SigmaRoc plc (LON:SRC - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 109.80 ($1.49) and last traded at GBX 109.70 ($1.48), with a volume of 7246474 shares. The stock had previously closed at GBX 107.60 ($1.46).

SigmaRoc Trading Down 1.5%

The business's 50 day moving average price is GBX 95.50 and its 200-day moving average price is GBX 84.52. The company has a current ratio of 1.08, a quick ratio of 0.88 and a debt-to-equity ratio of 92.26. The company has a market cap of £1.22 billion, a price-to-earnings ratio of -5.45 and a beta of 1.72.

SigmaRoc (LON:SRC - Get Free Report) last posted its earnings results on Tuesday, March 18th. The company reported GBX 8.21 ($0.11) earnings per share (EPS) for the quarter. SigmaRoc had a negative net margin of 0.29% and a negative return on equity of 0.37%. On average, equities analysts anticipate that SigmaRoc plc will post 9.1989319 EPS for the current fiscal year.

Insider Buying and Selling at SigmaRoc

In other SigmaRoc news, insider Tim Hall acquired 80,884 shares of the business's stock in a transaction on Thursday, May 15th. The stock was purchased at an average price of GBX 103 ($1.39) per share, with a total value of £83,310.52 ($112,703.63). Insiders own 21.82% of the company's stock.

SigmaRoc Company Profile

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.