SIG (LON:SHI) Stock: Insider Simon Kesterton Acquires 200,000 Shares

SIG plc (LON:SHI) insider Simon Kesterton purchased 200,000 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was acquired at an average cost of GBX 9 per share, for a total transaction of £18,000.

SIG Stock Performance

SHI opened at GBX 9 on Wednesday. SIG plc has a twelve month low of GBX 6.72 and a twelve month high of GBX 11. The firm has a market capitalization of £104.02 million, a PE ratio of -2.05, a PEG ratio of 1.29 and a beta of 0.68. The company has a current ratio of 1.36, a quick ratio of 1.10 and a debt-to-equity ratio of 597.00. The firm’s 50-day moving average price is GBX 9.14 and its 200 day moving average price is GBX 8.61.

SIG (LON:SHI) last released its quarterly earnings data on Tuesday, August 4th. The company reported GBX (1.90) EPS for the quarter. SIG had a negative net margin of 1.98% and a negative return on equity of 46.37%. As a group, sell-side analysts expect that SIG plc will post 4.1880342 EPS for the current fiscal year.

Analyst Ratings Changes

SHI has been the subject of several recent research reports. Peel Hunt reaffirmed a “buy” rating and issued a GBX 14 price target on shares of SIG in a report on Tuesday, August 4th. Jefferies Financial Group boosted their price objective on SIG from GBX 8.90 to GBX 9.60 and gave the stock a “hold” rating in a research note on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 5 price objective on shares of SIG in a research note on Friday, August 7th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, SIG has an average rating of “Hold” and an average target price of GBX 9.15.

SIG Company Profile

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. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.