SigmaRoc (LON:SRC) Reaches New 1-Year High – Still a Buy?

SigmaRoc plc (LON:SRCGet Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 92.17 ($1.19) and last traded at GBX 92.17 ($1.19), with a volume of 4361016 shares trading hands. The stock had previously closed at GBX 90.30 ($1.17).

SigmaRoc Stock Up 5.2 %

The company has a market capitalization of £1.07 billion, a price-to-earnings ratio of -4.79 and a beta of 1.72. The stock’s fifty day simple moving average is GBX 77.90 and its two-hundred day simple moving average is GBX 74.73. The company has a debt-to-equity ratio of 92.26, a current ratio of 1.08 and a quick ratio of 0.88.

Insider Activity at SigmaRoc

In related news, insider David Barrett bought 85,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of GBX 71 ($0.92) per share, with a total value of £60,350 ($78,062.35). Insiders own 21.82% of the company’s stock.

SigmaRoc Company Profile

(Get Free Report)

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.

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