SigmaRoc (LON:SRC) Shares Up 0.9% - Time to Buy?

SigmaRoc plc (LON:SRC - Get Free Report) rose 0.9% on Wednesday . The company traded as high as GBX 115.21 ($1.55) and last traded at GBX 113.20 ($1.52). Approximately 22,228,277 shares traded hands during trading, an increase of 260% from the average daily volume of 6,174,744 shares. The stock had previously closed at GBX 112.20 ($1.51).

SigmaRoc Stock Performance

The stock has a 50 day simple moving average of GBX 107.50 and a 200 day simple moving average of GBX 91.77. 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 stock has a market cap of £1.31 billion, a P/E ratio of -5.84 and a beta of 1.72.

Insider Buying and Selling

In other SigmaRoc news, insider Tim Hall bought 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 ($1.38) per share, for a total transaction of £83,310.52 ($111,751.20). 21.82% of the stock is owned by insiders.

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.