SigmaRoc (LON:SRC) Insider Peter Johnson Purchases 85,500 Shares of Stock

SigmaRoc plc (LON:SRC) insider Peter Johnson bought 85,500 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was purchased at an average cost of GBX 117 per share, for a total transaction of £100,035.

SigmaRoc Trading Down 4.4%

Shares of LON:SRC opened at GBX 108 on Friday. SigmaRoc plc has a 52-week low of GBX 79.20 and a 52-week high of GBX 152.80. 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 company has a market capitalization of £1.20 billion, a P/E ratio of 28.35 and a beta of 1.17. The company has a 50-day simple moving average of GBX 137.77 and a 200 day simple moving average of GBX 125.64.

SigmaRoc (LON:SRC) last released its quarterly earnings data on Monday, March 16th. The company reported GBX 10.51 earnings per share (EPS) for the quarter. SigmaRoc had a return on equity of 10.11% and a net margin of 7.68%. Sell-side analysts forecast that SigmaRoc plc will post 9.1989319 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on SRC shares. Berenberg Bank restated a “hold” rating and issued a GBX 130 price target on shares of SigmaRoc in a research note on Monday. Panmure Gordon lifted their price objective 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. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently 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.