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

Shares of SigmaRoc plc (LON:SRC) were down 0.5% during mid-day trading on Wednesday . The stock traded as low as GBX 73.20 ($0.93) and last traded at GBX 73.50 ($0.94). Approximately 1,056,651 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 2,780,454 shares. The stock had previously closed at GBX 73.90 ($0.94).

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 95 ($1.21) price objective on shares of SigmaRoc in a research report on Tuesday, September 10th.

SigmaRoc Stock Down 0.5 %

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 firm’s 50 day moving average price is GBX 75.29 and its two-hundred day moving average price is GBX 70.66. The company has a market capitalization of £815.85 million, a price-to-earnings ratio of -7,350.00 and a beta of 1.72.

SigmaRoc Company Profile

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.