SigmaRoc (LON:SRC) Insider Max Vermoken Purchases 17,855 Shares

SigmaRoc plc (LON:SRC) insider Max Vermoken acquired 17,855 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were acquired at an average price of GBX 112 per share, for a total transaction of £19,997.60.

SigmaRoc Price Performance

LON SRC opened at GBX 108 on Friday. The business has a 50 day simple moving average of GBX 137.77 and a 200 day simple moving average of GBX 125.64. 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 stock has a market cap of £1.20 billion, a price-to-earnings ratio of 28.35 and a beta of 1.17.

SigmaRoc (LON:SRC) last announced its quarterly earnings results on Monday, March 16th. The company reported GBX 10.51 earnings per share for the quarter. SigmaRoc had a net margin of 7.68% and a return on equity of 10.11%. Analysts anticipate that SigmaRoc plc will post 9.1989319 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Panmure Gordon upped their target price on shares of SigmaRoc from GBX 198 to GBX 216 and gave the stock a “buy” rating in a research note on Monday, January 19th. Berenberg Bank reissued a “hold” rating and issued a GBX 130 price target on shares of SigmaRoc in a research note on Monday. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus 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.