Jan Van Beek Acquires 22,000 Shares of SigmaRoc (LON:SRC) Stock

SigmaRoc plc (LON:SRC) insider Jan Van Beek bought 22,000 shares of the company’s stock in a transaction on Wednesday, March 25th. The stock was purchased at an average cost of GBX 122 per share, for a total transaction of £26,840.

SigmaRoc Stock Down 3.7%

SRC opened at GBX 116 on Friday. SigmaRoc plc has a fifty-two week low of GBX 79.20 and a fifty-two week high of GBX 152.80. The business has a 50-day moving average of GBX 135.95 and a 200-day moving average of GBX 125.65. The company has a debt-to-equity ratio of 77.40, a current ratio of 1.17 and a quick ratio of 0.88. The company has a market capitalization of £1.29 billion, a PE ratio of 30.45 and a beta of 1.17.

SigmaRoc (LON:SRC) last announced its quarterly earnings results on Monday, March 16th. The company reported GBX 10.51 EPS for the quarter. SigmaRoc had a return on equity of 10.11% and a net margin of 7.68%. Equities research analysts forecast that SigmaRoc plc will post 9.1989319 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SRC has been the topic of several analyst reports. Panmure Gordon increased their price target on shares of SigmaRoc from GBX 198 to GBX 216 and gave the stock a “buy” rating in a research note on Monday, January 19th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 130 price objective on shares of SigmaRoc in a research note on Monday, March 16th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 162.

About SigmaRoc

SigmaRoc is an AIM-quoted lime and limestone group targeting quarried materials assets in the UK and Northern Europe. It seeks to create value by purchasing assets in fragmented materials markets and extracting efficiencies through active management and by forming the assets into larger groups. It seeks to de-risk its investments through the selection of projects with strong asset-backing.