SigmaRoc (LON:SRC) Insider Jan Van Beek Purchases 22,000 Shares

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

SigmaRoc Stock Performance

LON:SRC opened at GBX 121.40 on Friday. The company has a market capitalization of £1.35 billion, a price-to-earnings ratio of 31.86 and a beta of 1.17. The business has a 50 day moving average of GBX 136.21 and a 200 day moving average of GBX 125.70. The company has a debt-to-equity ratio of 77.40, a current ratio of 1.17 and a quick ratio of 0.88. SigmaRoc plc has a 1-year low of GBX 79.20 and a 1-year high of GBX 152.80.

SigmaRoc (LON:SRC) last issued its quarterly earnings results 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, sell-side analysts predict that SigmaRoc plc will post 9.1989319 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on SRC shares. Panmure Gordon lifted their target price on shares of SigmaRoc from GBX 198 to GBX 216 and gave the stock a “buy” rating in a research report on Monday, January 19th. Berenberg Bank restated a “hold” rating and set a GBX 130 price target on shares of SigmaRoc in a research report on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.