SigmaRoc (LON:SRC) Trading Up 0.1% – Here’s Why

SigmaRoc plc (LON:SRC)’s share price traded up 0.1% during mid-day trading on Wednesday . The stock traded as high as GBX 78.90 ($0.99) and last traded at GBX 78.30 ($0.99). 4,949,197 shares changed hands during trading, an increase of 87% from the average session volume of 2,651,390 shares. The stock had previously closed at GBX 78.20 ($0.98).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 95 ($1.20) price target on shares of SigmaRoc in a report on Tuesday, September 10th.

SigmaRoc Stock Performance

The company has a debt-to-equity ratio of 93.89, a current ratio of 1.08 and a quick ratio of 0.88. The company has a 50 day simple moving average of GBX 73.29 and a 200-day simple moving average of GBX 69.60. The firm has a market cap of £891.33 million, a PE ratio of -8,030.00 and a beta of 1.72.

SigmaRoc Company Profile

SigmaRoc plc, through its subsidiaries, invests in and/or acquires projects in the quarried materials sector. It also produces aggregates, stone, granite, concrete blocks, asphalt, limestone, ready-mix concrete, pre-cast concrete, and other stone products; supplies value-added industrial and construction materials; and provides shipping logistics, road contracting, waste recycling, and patent and licensing services, as well as engages in the limestone quarrying and processing.