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

SigmaRoc plc (LON:SRC) 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 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 stock has a market cap of £806.97 million, a PE ratio of -7,270.00 and a beta of 1.72. The company has a current ratio of 1.08, a quick ratio of 0.88 and a debt-to-equity ratio of 93.89. The firm has a fifty day simple moving average of GBX 75.52 and a two-hundred day simple moving average of GBX 71.38.

Insider Buying and Selling

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

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.