Key Points
- SIG insider Simon Kesterton bought 200,000 shares at GBX 9 each, for a total investment of £18,000.
- SIG shares opened at GBX 9.23, with a market capitalization of approximately £106.7 million; the stock has traded between GBX 6.72 and GBX 11 over the past year.
- Analyst sentiment is mixed, with one Buy, two Hold, and one Sell rating. The consensus rating is Hold, with an average price target of GBX 9.15.
SIG plc (LON:SHI - Get Free Report) insider Simon Kesterton acquired 200,000 shares of the firm's stock in a transaction that occurred on Friday, October 2nd. The stock was acquired at an average price of GBX 9 per share, for a total transaction of £18,000.
SIG Price Performance
Shares of LON SHI opened at GBX 9.23 on Tuesday. The stock has a market cap of £106.68 million, a price-to-earnings ratio of -2.10, a PEG ratio of 1.29 and a beta of 0.68. SIG plc has a 52 week low of GBX 6.72 and a 52 week high of GBX 11. The company's 50-day moving average price is GBX 9.13 and its 200 day moving average price is GBX 8.61. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 597.00.
SIG (LON:SHI - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported GBX (1.90) earnings per share for the quarter. SIG had a negative net margin of 1.98% and a negative return on equity of 46.37%. As a group, research analysts forecast that SIG plc will post 4.1880342 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Jefferies Financial Group lifted their price objective on SIG from GBX 8.90 to GBX 9.60 and gave the stock a "hold" rating in a research report on Friday, August 21st. Peel Hunt reissued a "buy" rating and set a GBX 14 price target on shares of SIG in a research report on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft reissued a "sell" rating and set a GBX 5 price target on shares of SIG in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of GBX 9.15.
Check Out Our Latest Analysis on SIG
SIG Company Profile
(
Get Free Report)
SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.
We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
