Insider Selling: SIG plc (LON:SHI) Insider Sells £61,135.49 in Stock

SIG plc (LON:SHI) insider Ian Ashton sold 470,273 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was sold at an average price of GBX 13 ($0.17), for a total transaction of £61,135.49 ($78,945.62).

SIG Price Performance

Shares of LON SHI opened at GBX 13 ($0.17) on Monday. The company has a debt-to-equity ratio of 268.81, a quick ratio of 1.10 and a current ratio of 1.57. The company’s fifty day moving average is GBX 13.70 and its two-hundred day moving average is GBX 17.78. SIG plc has a one year low of GBX 11.06 ($0.14) and a one year high of GBX 31 ($0.40). The firm has a market capitalization of £155.19 million, a P/E ratio of -2.44, a PEG ratio of 1.29 and a beta of 1.93.

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

Analyst Upgrades and Downgrades

Separately, Citigroup cut their price target on shares of SIG from GBX 17 ($0.22) to GBX 14 ($0.18) and set a “buy” rating for the company in a report 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.