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

SigmaRoc plc (LON:SRC) shares were up 0.6% during mid-day trading 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 changed hands during mid-day 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 Trading Up 0.6 %

The company has a 50-day simple moving average of GBX 75.52 and a 200 day simple moving average of GBX 71.38. The company has a market capitalization of £806.97 million, a P/E ratio of -7,270.00 and a beta of 1.72. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.88 and a current ratio of 1.08.

Insiders Place Their Bets

In related news, insider David Barrett bought 85,000 shares of SigmaRoc stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of GBX 71 ($0.87) per share, for a total transaction of £60,350 ($74,258.64). Company insiders own 21.82% of the company’s stock.

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.