SigmaRoc (LON:SRC) Shares Down 0.5% – Time to Sell?

SigmaRoc plc (LON:SRC)’s share price traded down 0.5% during trading on Wednesday . The company traded as low as GBX 73.20 ($0.92) and last traded at GBX 73.50 ($0.93). 1,056,651 shares were traded during mid-day trading, a decline of 62% from the average session volume of 2,780,454 shares. The stock had previously closed at GBX 73.90 ($0.93).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 95 ($1.20) target price on shares of SigmaRoc in a research note on Tuesday, September 10th.

SigmaRoc Trading Down 0.7 %

The company has a current ratio of 1.08, a quick ratio of 0.88 and a debt-to-equity ratio of 93.89. The business’s 50-day moving average is GBX 75.38 and its two-hundred day moving average is GBX 70.67. The firm has a market cap of £798.09 million, a P/E ratio of -7,225.60 and a beta of 1.72.

About SigmaRoc

SigmaRoc plc, through its subsidiaries, invests in and/or acquires projects in the quarried materials sector. It also produces aggregates, stone, granite, concrete blocks, asphalt, limestone, ready-mix concrete, pre-cast concrete, and other stone products; supplies value-added industrial and construction materials; and provides shipping logistics, road contracting, waste recycling, and patent and licensing services, as well as engages in the limestone quarrying and processing.