SIG plc (LON:SHI) Insider Kath Durrant Acquires 92,518 Shares of Stock

SIG plc (LON:SHI) insider Kath Durrant purchased 92,518 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 13 ($0.17) per share, for a total transaction of £12,027.34 ($15,597.64).

SIG Trading Up 3.0 %

Shares of SHI stock opened at GBX 12.56 ($0.16) on Thursday. The company’s fifty day simple moving average is GBX 14.10 and its two-hundred day simple moving average is GBX 18.30. The company has a debt-to-equity ratio of 268.81, a current ratio of 1.57 and a quick ratio of 1.10. SIG plc has a 1 year low of GBX 11.06 ($0.14) and a 1 year high of GBX 31 ($0.40). The stock has a market capitalization of £149.94 million, a price-to-earnings ratio of -2.36, a PEG ratio of 1.29 and a beta of 1.93.

SIG (LON:SHI) last issued its earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.26)) earnings per share (EPS) for the quarter. SIG had a negative net margin of 2.35% and a negative return on equity of 28.09%. As a group, analysts anticipate that SIG plc will post 4.1880342 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered their price target on shares of 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.