Ian Ashton Sells 470,273 Shares of SIG plc (LON:SHI) Stock

SIG plc (LON:SHI) insider Ian Ashton sold 470,273 shares of SIG stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($79,273.20).

SIG Stock Performance

SHI stock traded down GBX 0.32 ($0.00) during midday trading on Friday, reaching GBX 13 ($0.17). The company had a trading volume of 875,600,375 shares, compared to its average volume of 17,321,795. SIG plc has a fifty-two week low of GBX 11.06 ($0.14) and a fifty-two week high of GBX 31 ($0.40). The firm has a market capitalization of £155.19 million, a PE ratio of -2.44, a P/E/G ratio of 1.29 and a beta of 1.93. The company has a quick ratio of 1.10, a current ratio of 1.57 and a debt-to-equity ratio of 268.81. The stock has a 50 day moving average price of GBX 13.73 and a 200 day moving average price of GBX 17.86.

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

Wall Street Analyst Weigh In

Separately, Citigroup cut their target price on shares of SIG from GBX 17 ($0.22) to GBX 14 ($0.18) and set a “buy” rating for the company in a research report on Thursday, March 6th.

About SIG

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.