SigmaRoc (LON:SRC) Reaches New 12-Month High - Here's Why

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 - )'s stock price reached a new 52-week high on Friday . The company traded as high as GBX 118.40 ($1.60) and last traded at GBX 117.80 ($1.59), with a volume of 13606621 shares. The stock had previously closed at GBX 115 ($1.55).

SigmaRoc Trading Up 1.6%

The stock's 50 day moving average is GBX 108.19 and its two-hundred day moving average is GBX 92.35. The company has a market capitalization of £1.32 billion, a PE ratio of -5.88 and a beta of 1.72. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 92.26.

Insider Buying and Selling

In related news, insider Tim Hall acquired 80,884 shares of the business's stock in a transaction dated Thursday, May 15th. The shares were purchased at an average price of GBX 103 ($1.39) per share, for a total transaction of £83,310.52 ($112,536.16). Corporate insiders own 21.82% of the company's stock.

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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