Insider Buying: SIG plc (LON:SHI) Insider Buys 157 Shares of Stock

SIG plc (LON:SHI) insider Nick Maddock acquired 157 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were bought at an average cost of GBX 95 ($1.25) per share, for a total transaction of £149.15 ($196.20).

Nick Maddock also recently made the following trade(s):

  • On Friday, November 15th, Nick Maddock acquired 135 shares of SIG stock. The shares were bought at an average cost of GBX 111 ($1.46) per share, for a total transaction of £149.85 ($197.12).

Shares of LON:SHI traded down GBX 0.50 ($0.01) during midday trading on Thursday, hitting GBX 94.50 ($1.24). The company’s stock had a trading volume of 3,996,746 shares, compared to its average volume of 2,830,000. The business’s 50 day simple moving average is GBX 118.99 and its 200 day simple moving average is GBX 120.96. The company has a debt-to-equity ratio of 136.88, a quick ratio of 0.95 and a current ratio of 1.30. The company has a market cap of $561.09 million and a P/E ratio of 135.00. SIG plc has a 12-month low of GBX 87.60 ($1.15) and a 12-month high of GBX 153.90 ($2.02).

Several equities analysts have issued reports on SHI shares. Liberum Capital downgraded shares of SIG to a “hold” rating and decreased their price objective for the company from GBX 150 ($1.97) to GBX 100 ($1.32) in a report on Friday, January 10th. Citigroup reaffirmed a “neutral” rating and set a GBX 92 ($1.21) price objective on shares of SIG in a report on Friday, January 10th. UBS Group decreased their price objective on shares of SIG from GBX 88 ($1.16) to GBX 73 ($0.96) and set a “sell” rating on the stock in a report on Friday, January 10th. Jefferies Financial Group decreased their price objective on shares of SIG from GBX 142 ($1.87) to GBX 122 ($1.60) and set a “hold” rating on the stock in a report on Monday, December 2nd. Finally, Canaccord Genuity decreased their price objective on shares of SIG from GBX 133 ($1.75) to GBX 107 ($1.41) and set a “hold” rating on the stock in a report on Tuesday, October 8th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company. SIG has an average rating of “Hold” and a consensus price target of GBX 104.88 ($1.38).

SIG Company Profile

SIG plc engages in the distribution and merchant of specialist building products for the construction and related markets in the United Kingdom, Ireland, and Mainland Europe. It offers insulation and energy management products, such as structural and technical insulations, dry linings, construction accessories, fixings, air handling systems, and modular housing systems.

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Insider Buying and Selling by Quarter for SIG (LON:SHI)

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