SigmaRoc (LON:SRC) Insider Max Vermoken Buys 1,421 Shares of Stock

SigmaRoc plc (LON:SRC) insider Max Vermoken purchased 1,421 shares of the company’s stock in a transaction dated Wednesday, April 8th. The shares were acquired at an average cost of GBX 127 per share, for a total transaction of £1,804.67.

Max Vermoken also recently made the following trade(s):

• On Wednesday, March 18th, Max Vermoken purchased 17,855 shares of SigmaRoc stock. The shares were acquired at an average cost of GBX 112 per share, for a total transaction of £19,997.60.

SigmaRoc Trading Up 2.0%

LON SRC opened at GBX 128.30 on Friday. The firm has a market cap of £1.42 billion, a P/E ratio of 19.01 and a beta of 1.27. 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 stock’s 50-day moving average is GBX 132.01 and its 200-day moving average is GBX 125.49. SigmaRoc plc has a one year low of GBX 82.58 and a one year high of GBX 152.80.

SigmaRoc (LON:SRC) last released 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%. Sell-side analysts anticipate that SigmaRoc plc will post 9.1989319 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SRC has been the topic of a number of recent research reports. 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. Panmure Gordon lifted their target price on SigmaRoc from GBX 198 to GBX 216 and gave the company a “buy” rating in a research report on Monday, January 19th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average 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.