Sigmaroc (LON:SRC) Shares Up 1.1%
Sigmaroc PLC (LON:SRC) shot up 1.1% during mid-day trading on Tuesday . The stock traded as high as GBX 44.70 ($0.55) and last traded at GBX 44 ($0.54), 103,371 shares traded hands during trading. An increase of 246% from the average session volume of 29,869 shares. The stock had previously closed at GBX 43.50 ($0.54).
Several brokerages have recently issued reports on SRC. Peel Hunt reissued a “buy” rating and set a GBX 69.80 ($0.86) price objective (down from GBX 70 ($0.86)) on shares of Sigmaroc in a research note on Tuesday, June 9th. Peel Hunt reissued a “buy” rating and set a GBX 69.80 ($0.86) price objective on shares of Sigmaroc in a research note on Tuesday, June 9th. Finally, Liberum Capital reissued a “buy” rating on shares of Sigmaroc in a research note on Friday, May 1st.
The company has a debt-to-equity ratio of 58.46, a quick ratio of 0.73 and a current ratio of 1.02. The firm has a market cap of $111.65 million and a price-to-earnings ratio of 55.00. The company’s fifty day moving average is GBX 37.06 and its two-hundred day moving average is GBX 41.34.
In other Sigmaroc news, insider Garth Palmer bought 26,315 shares of Sigmaroc stock in a transaction that occurred on Tuesday, June 2nd. The shares were acquired at an average price of GBX 38 ($0.47) per share, for a total transaction of £9,999.70 ($12,305.81).
Sigmaroc Company Profile (LON:SRC)
SigmaRoc plc invests in and/or acquires projects in the construction materials sector in the United Kingdom, Guernsey, and Jersey. It also produces aggregates and pre-cast concrete, as well as supplies value-added construction materials; and provides shipping logistics, road contracting, and waste recycling services.
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