SIG (LON:SHI) Stock Crosses Below 200-Day Moving Average – Time to Sell?

SIG plc (LON:SHI)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 24.33 ($0.31) and traded as low as GBX 19.70 ($0.25). SIG shares last traded at GBX 20 ($0.25), with a volume of 1,125,903 shares changing hands.

SIG Stock Up 1.3 %

The company has a fifty day simple moving average of GBX 21.34 and a 200-day simple moving average of GBX 24.30. The company has a quick ratio of 1.10, a current ratio of 1.57 and a debt-to-equity ratio of 268.81. The firm has a market cap of £232 million, a P/E ratio of -400.00, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93.

About SIG

SIG plc supplies specialist insulation and sustainable building products and solutions in the United Kingdom, Germany, France, Benelux, Poland, and Ireland. It offers insulation and interiors products, such as structural and technical insulations, construction accessories and fixings, cladding and façade systems, dry lining, ceiling tiles and grids, partition walls and door sets, and floor coverings, as well as accessories, including tools and fixings, ventilation, access equipment, and safety products.