SigmaRoc (LON:SRC) Sets New 52-Week High – What’s Next?

SigmaRoc plc (LON:SRC) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 81.50 ($1.02) and last traded at GBX 81.20 ($1.02), with a volume of 1963958 shares. The stock had previously closed at GBX 81.30 ($1.02).

SigmaRoc Stock Performance

The firm has a fifty day moving average price of GBX 73.34 and a 200 day moving average price of GBX 72.51. 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 firm has a market cap of £917.39 million, a PE ratio of -4.10 and a beta of 1.72.

Insiders Place Their Bets

In other SigmaRoc news, insider David Barrett acquired 142,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were purchased at an average cost of GBX 67 ($0.84) per share, for a total transaction of £95,140 ($119,567.68). 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.