SigmaRoc (LON:SRC) Trading 1% Higher – Should You Buy?

SigmaRoc plc (LON:SRC) was up 1% on Thursday . The stock traded as high as GBX 73.30 ($0.91) and last traded at GBX 72.60 ($0.90). Approximately 1,588,307 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 3,081,848 shares. The stock had previously closed at GBX 71.90 ($0.89).

SigmaRoc Price Performance

The company has a market cap of £805.86 million, a PE ratio of -7,260.00 and a beta of 1.72. 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 moving average price of GBX 73.76 and a two-hundred day moving average price of GBX 71.99.

Insiders Place Their Bets

In other news, insider David Barrett acquired 85,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The shares were purchased at an average price of GBX 71 ($0.88) per share, for a total transaction of £60,350 ($74,950.32). 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.