Insider Buying: SigmaRoc plc (LON:SRC) Insider Acquires £60,350 in Stock

SigmaRoc plc (LON:SRC) insider David Barrett acquired 85,000 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average price of GBX 71 ($0.89) per share, for a total transaction of £60,350 ($75,845.17).

SigmaRoc Stock Up 0.6 %

Shares of SRC opened at GBX 71.80 ($0.90) on Friday. The company has a quick ratio of 0.88, a current ratio of 1.08 and a debt-to-equity ratio of 93.89. SigmaRoc plc has a 52-week low of GBX 52.60 ($0.66) and a 52-week high of GBX 81.50 ($1.02). The company has a market cap of £796.98 million, a PE ratio of -7,180.00 and a beta of 1.72. The business has a fifty day moving average of GBX 75.72 and a 200 day moving average of GBX 70.82.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 95 ($1.19) price target on shares of SigmaRoc in a research note on Tuesday, September 10th.

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.