SIG (LON:SHI) Price Target Cut to GBX 3,200

SIG (LON:SHI) had its target price reduced by Royal Bank of Canada from GBX 3,300 ($41.45) to GBX 3,200 ($40.20) in a report issued on Friday morning, MarketBeat Ratings reports. They currently have a sector perform rating on the stock.

SIG Price Performance

SIG stock opened at GBX 26.50 ($0.33) on Friday. The company has a debt-to-equity ratio of 258.95, a current ratio of 1.67 and a quick ratio of 1.10. The business has a 50 day simple moving average of GBX 28.73 and a 200 day simple moving average of GBX 30.08. SIG has a one year low of GBX 25.35 ($0.32) and a one year high of GBX 44 ($0.55). The company has a market capitalization of £307.40 million, a PE ratio of -662.50, a price-to-earnings-growth ratio of 1.29 and a beta of 1.91.

Insider Transactions at SIG

In other SIG news, insider Shatish D. Dasani bought 70,000 shares of SIG stock in a transaction dated Friday, April 12th. The shares were bought at an average price of GBX 29 ($0.36) per share, with a total value of £20,300 ($25,499.31). In other SIG news, insider Ian Ashton sold 469,520 shares of the business’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of GBX 28 ($0.35), for a total value of £131,465.60 ($165,137.04). Also, insider Shatish D. Dasani purchased 70,000 shares of SIG stock in a transaction dated Friday, April 12th. The stock was bought at an average price of GBX 29 ($0.36) per share, with a total value of £20,300 ($25,499.31). 19.48% of the stock is currently owned by corporate insiders.

SIG Company Profile

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.