SigmaRoc (LON:SRC) Shares Up 0.6% – Here’s Why

SigmaRoc plc (LON:SRC)’s stock price rose 0.6% 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 traded hands during 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 Price Performance

The business’s 50-day simple moving average is GBX 75.52 and its two-hundred day simple moving average is GBX 71.38. 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 stock has a market cap of £806.97 million, a P/E ratio of -7,270.00 and a beta of 1.72.

Insider Activity at SigmaRoc

In other news, insider David Barrett acquired 85,000 shares of the business’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 71 ($0.87) per share, for a total transaction of £60,350 ($74,258.64). 21.82% of the stock is owned by company 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.