Jefferies Financial Group Has Lowered Expectations for SIG (LON:SHI) Stock Price

SIG (LON:SHI) had its price objective dropped by research analysts at Jefferies Financial Group from GBX 9.40 to GBX 9 in a research report issued to clients and investors on Monday,London Stock Exchange reports. The firm currently has a “hold” rating on the stock.

SIG Trading Down 1.1%

LON SHI opened at GBX 9 on Monday. The company has a debt-to-equity ratio of 499.09, a current ratio of 1.52 and a quick ratio of 1.10. The firm’s fifty day moving average price is GBX 9.06 and its 200 day moving average price is GBX 9.28. The company has a market capitalization of £104.02 million, a price-to-earnings ratio of -1.64, a price-to-earnings-growth ratio of 1.29 and a beta of 0.84. SIG has a 12 month low of GBX 7.47 and a 12 month high of GBX 18.

SIG (LON:SHI) last posted its earnings results on Wednesday, March 4th. The company reported GBX (2) EPS for the quarter. SIG had a negative net margin of 2.47% and a negative return on equity of 47.73%. On average, sell-side analysts expect that SIG will post 4.1880342 earnings per share for the current fiscal year.

Insider Transactions at SIG

In other SIG news, insider Ian Ashton sold 486,004 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of GBX 8, for a total transaction of £38,880.32. Insiders own 0.97% of the company’s stock.

SIG Company Profile

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. We use our network of around 430 winning branches across local markets with superior customer service, specialist expertise and on-time delivery to add value to both our customers and suppliers.