SigmaRoc (LON:SRC) Trading 0.6% Higher – What’s Next?

SigmaRoc plc (LON:SRC) was up 0.6% during trading on Thursday . The company traded as high as GBX 73.80 ($0.91) and last traded at GBX 72.70 ($0.89). Approximately 361,440 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 1,600,338 shares. The stock had previously closed at GBX 72.30 ($0.89).

SigmaRoc Stock Performance

The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 93.89. The firm has a 50-day moving average of GBX 75.52 and a 200 day moving average of GBX 71.38. The stock has a market capitalization of £806.97 million, a P/E ratio of -7,270.00 and a beta of 1.72.

Insider Activity

In related news, insider David Barrett bought 85,000 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was acquired at an average cost of GBX 71 ($0.87) per share, with a total value of £60,350 ($74,258.64). 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.