SigmaRoc (LON:SRC) Insider Acquires £19,997.60 in Stock

SigmaRoc plc (LON:SRC) insider Max Vermoken purchased 17,855 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was bought at an average cost of GBX 112 per share, for a total transaction of £19,997.60.

SigmaRoc Price Performance

SRC opened at GBX 110 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 firm has a 50-day moving average of GBX 137.29 and a 200 day moving average of GBX 125.69. The company has a debt-to-equity ratio of 77.40, a quick ratio of 0.88 and a current ratio of 1.17. The firm has a market cap of £1.22 billion, a P/E ratio of 28.87 and a beta of 1.17.

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

Wall Street Analyst Weigh In

Several research firms recently commented on SRC. Panmure Gordon upped their price objective on SigmaRoc from GBX 198 to GBX 216 and gave the company a “buy” rating in a research note on Monday, January 19th. Berenberg Bank reissued a “hold” rating and issued a GBX 130 target price on shares of SigmaRoc in a research report on Monday, March 16th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 162.

SigmaRoc Company Profile

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.