SIG plc (LON:SHI) Insider Ian Ashton Sells 470,273 Shares

SIG plc (LON:SHI) insider Ian Ashton sold 470,273 shares of the firm’s stock in a transaction dated Tuesday, March 18th. The shares were sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($78,935.43).

SIG Trading Down 2.4 %

Shares of SIG stock opened at GBX 13 ($0.17) on Friday. The firm has a market cap of £155.19 million, a price-to-earnings ratio of -2.44, a PEG ratio of 1.29 and a beta of 1.93. The business has a 50-day moving average price of GBX 13.70 and a 200-day moving average price of GBX 17.82. The company has a quick ratio of 1.10, a current ratio of 1.57 and a debt-to-equity ratio of 268.81. SIG plc has a twelve month low of GBX 11.06 ($0.14) and a twelve month high of GBX 31 ($0.40).

SIG (LON:SHI) last issued its quarterly earnings data on Wednesday, March 5th. The company reported GBX (19.70) (($0.25)) earnings per share for the quarter. SIG had a negative net margin of 2.35% and a negative return on equity of 28.09%. Equities research analysts anticipate that SIG plc will post 4.1880342 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Citigroup decreased their price target on SIG from GBX 17 ($0.22) to GBX 14 ($0.18) and set a “buy” rating on the stock in a report on Thursday, March 6th.

SIG Company Profile

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.