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

SigmaRoc plc (LON:SRC)’s share price rose 1% on Thursday . The company traded as high as GBX 73.30 ($0.91) and last traded at GBX 72.60 ($0.90). Approximately 1,588,307 shares traded 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 Trading Up 0.6 %

The company has a 50 day moving average of GBX 73.62 and a two-hundred day moving average of GBX 72.03. The stock has a market capitalization of £810.30 million, a PE ratio of -7,300.00 and a beta of 1.72. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.88 and a current ratio of 1.08.

Insiders Place Their Bets

In other news, insider David Barrett purchased 85,000 shares of the stock in a transaction on Wednesday, December 18th. The stock was bought at an average price of GBX 71 ($0.88) per share, with a total value of £60,350 ($74,792.42). Corporate insiders own 21.82% of the company’s stock.

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.