SIG (LON:SHI) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

SIG plc (LON:SHIGet Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 11.36 and traded as low as GBX 9.82. SIG shares last traded at GBX 10, with a volume of 2,033,284 shares changing hands.

SIG Trading Up 1.8%

The business’s 50 day moving average price is GBX 9.05 and its 200-day moving average price is GBX 11.36. 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 company has a market cap of £118.15 million, a price-to-earnings ratio of -1.70, a PEG ratio of 1.29 and a beta of 1.93.

Insider Transactions at SIG

In related news, insider Petrus R. M. Vervaat acquired 500,000 shares of the company’s stock in a transaction on Wednesday, October 22nd. The stock was purchased at an average cost of GBX 9 per share, with a total value of £45,000. 0.93% of the stock is owned by corporate insiders.

SIG Company Profile

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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.

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