Insider Selling: SIG plc (LON:SHI) Insider Sells 470,273 Shares of Stock

SIG plc (LON:SHI) insider Ian Ashton sold 470,273 shares of the stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total value of £61,135.49 ($78,935.43).

SIG Stock Performance

SIG stock opened at GBX 13 ($0.17) on Friday. SIG plc has a 52-week low of GBX 11.06 ($0.14) and a 52-week high of GBX 31 ($0.40). The firm has a market capitalization of £155.19 million, a P/E ratio of -2.44, a P/E/G ratio of 1.29 and a beta of 1.93. The company has a debt-to-equity ratio of 268.81, a current ratio of 1.57 and a quick ratio of 1.10. The stock has a fifty day moving average price of GBX 13.70 and a two-hundred day moving average price of GBX 17.82.

SIG (LON:SHI) last announced its earnings results on Wednesday, March 5th. The company reported GBX (19.70) (($0.25)) earnings per share for the quarter. SIG had a negative net margin of 2.35% and a negative return on equity of 28.09%. As a group, analysts anticipate that SIG plc will post 4.1880342 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Citigroup dropped their price objective on SIG from GBX 17 ($0.22) to GBX 14 ($0.18) and set a “buy” rating for the company in a research note on Thursday, March 6th.

About SIG

SIG is a leading pan-European provider of specialist insulation and sustainable building products and solutions, differentiated through specialist knowledge, product mix and end markets.

We connect over 75,000 customers with thousands of leading and specialist products and brands from our suppliers.