SigmaRoc (LON:SRC) Trading Up 1% – What’s Next?

SigmaRoc plc (LON:SRC)’s stock price traded up 1% on Thursday . The company traded as high as GBX 73.30 ($0.91) and last traded at GBX 72.60 ($0.90). 1,588,307 shares were traded during mid-day trading, a decline of 48% from the average session volume of 3,081,848 shares. The stock had previously closed at GBX 71.90 ($0.89).

SigmaRoc Stock Up 1.0 %

The firm has a market cap of £805.86 million, a PE ratio of -7,260.00 and a beta of 1.72. 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’s 50 day moving average is GBX 73.76 and its 200-day moving average is GBX 71.99.

Insiders Place Their Bets

In related news, insider David Barrett bought 85,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was purchased at an average cost of GBX 71 ($0.88) per share, for a total transaction of £60,350 ($74,950.32). 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.