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

Shares of SigmaRoc plc (LON:SRC - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 110.60 ($1.51) and last traded at GBX 109.80 ($1.49), with a volume of 3997398 shares traded. The stock had previously closed at GBX 105.40 ($1.43).

SigmaRoc Trading Up 4.2%

The stock has a market capitalization of £1.24 billion, a P/E ratio of -5.53 and a beta of 1.72. The stock has a 50-day moving average price of GBX 104.26 and a two-hundred day moving average price of GBX 89.20. The company has a debt-to-equity ratio of 92.26, a quick ratio of 0.88 and a current ratio of 1.08.

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 dated Thursday, May 15th. The shares were purchased at an average cost of GBX 103 ($1.40) per share, for a total transaction of £83,310.52 ($113,393.93). 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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