SigmaRoc (LON:SRC) Insider Buys 85,500 Shares

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

SigmaRoc Stock Performance

SigmaRoc stock opened at GBX 113 on Thursday. The firm has a market capitalization of £1.25 billion, a P/E ratio of 29.66 and a beta of 1.17. The stock has a fifty day moving average price of GBX 138.30 and a two-hundred day moving average price of GBX 125.77. 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 current ratio of 1.17 and a quick ratio of 0.88.

SigmaRoc (LON:SRC) last issued its 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%. As a group, analysts anticipate that SigmaRoc plc will post 9.1989319 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SRC. Panmure Gordon boosted their price target on shares of SigmaRoc from GBX 198 to GBX 216 and gave the company a “buy” rating in a research report on Monday, January 19th. Berenberg Bank raised their price objective on shares of SigmaRoc from GBX 120 to GBX 130 and gave the stock a “hold” rating in a 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 company’s stock. According to MarketBeat.com, SigmaRoc has a consensus rating of “Moderate Buy” and a consensus price target 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.