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

SIG plc (LON:SHI) insider Ian Ashton sold 470,273 shares of the business’s stock in a transaction dated 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 Trading Down 2.4 %

SIG stock traded down GBX 0.32 ($0.00) during mid-day trading on Friday, hitting GBX 13 ($0.17). The stock had a trading volume of 875,600,375 shares, compared to its average volume of 17,321,795. SIG plc has a 12 month low of GBX 11.06 ($0.14) and a 12 month high of GBX 31 ($0.40). The stock has a 50-day simple moving average of GBX 13.73 and a two-hundred day simple moving average of GBX 17.86. The company has a current ratio of 1.57, a quick ratio of 1.10 and a debt-to-equity ratio of 268.81. The stock 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.

SIG (LON:SHI) last announced its quarterly earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.26)) earnings per share (EPS) for the quarter. SIG had a negative return on equity of 28.09% and a negative net margin of 2.35%. As a group, sell-side analysts forecast that SIG plc will post 4.1880342 EPS for the current year.

Wall Street Analyst Weigh In

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

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.