Insider Buying: SIG plc (LON:SHI) Insider Acquires 92,518 Shares of Stock

SIG plc (LON:SHI) insider Kath Durrant purchased 92,518 shares of SIG stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average price of GBX 13 ($0.17) per share, with a total value of £12,027.34 ($15,597.64).

SIG Stock Up 3.0 %

Shares of LON:SHI opened at GBX 12.56 ($0.16) on Thursday. SIG plc has a 52-week low of GBX 11.06 ($0.14) and a 52-week high of GBX 31 ($0.40). The firm has a fifty day moving average of GBX 14.10 and a 200 day moving average of GBX 18.30. The firm has a market capitalization of £149.94 million, a PE ratio of -2.36, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93. The company has a debt-to-equity ratio of 268.81, a quick ratio of 1.10 and a current ratio of 1.57.

SIG (LON:SHI) last announced its 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, research analysts anticipate that SIG plc will post 4.1880342 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Citigroup reduced their price target 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.