SigmaRoc (LON:SRC) Sets New 12-Month High - Should You Buy?

Key Points

• SigmaRoc plc stock reached a new 52-week high of GBX 118.40 ($1.60) on Friday, closing at GBX 117.80 ($1.59) with a trading volume of over 13 million shares.
• The company has a market capitalization of £1.32 billion and a PE ratio of -5.88, indicating negative earnings performance.
• Insider Tim Hall purchased 80,884 shares at GBX 103 ($1.39) each, reflecting confidence from company insiders who hold 21.82% of the stock.
• SigmaRoc focuses on quarried materials assets in the UK and Northern Europe, aiming for value creation through strategic acquisitions and efficient management.

SigmaRoc plc (LON:SRC - Get Free Report) shares reached a new 52-week high during trading on Friday . The company traded as high as GBX 118.40 ($1.58) and last traded at GBX 117.80 ($1.57), with a volume of 13606621 shares changing hands. The stock had previously closed at GBX 115 ($1.54).

SigmaRoc Stock Up 1.2%

The stock has a market capitalization of £1.31 billion, a price-to-earnings ratio of -5.86 and a beta of 1.72. The business has a fifty day moving average of GBX 108.87 and a 200 day moving average of GBX 93.52. The company has a debt-to-equity ratio of 92.26, a current ratio of 1.08 and a quick ratio of 0.88.

Insider Buying and Selling

In other news, insider Tim Hall purchased 80,884 shares of the firm's stock in a transaction on Thursday, May 15th. The shares were bought at an average cost of GBX 103 ($1.38) per share, for a total transaction of £83,310.52 ($111,303.30). 21.82% of the stock is owned by company insiders.

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.