SigmaRoc (LON:SRC) Hits New 52-Week High - Still a Buy?

Shares of SigmaRoc plc (LON:SRC - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as GBX 104.60 ($1.42) and last traded at GBX 104.20 ($1.41), with a volume of 4480652 shares traded. The stock had previously closed at GBX 104.20 ($1.41).

SigmaRoc Stock Down 1.0%

The business's 50 day moving average is GBX 92.58 and its 200 day moving average is GBX 82.54. The company has a market capitalization of £1.17 billion, a price-to-earnings ratio of -5.22 and a beta of 1.72. The company has a debt-to-equity ratio of 92.26, a quick ratio of 0.88 and a current ratio of 1.08.

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

Insider Buying and Selling

In other SigmaRoc news, insider Tim Hall acquired 80,884 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was acquired at an average cost of GBX 103 ($1.39) per share, for a total transaction of £83,310.52 ($112,779.91). 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.