SigmaRoc (LON:SRC) Hits New 1-Year High – Time to Buy?

SigmaRoc plc (LON:SRC) shares reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 74.23 ($0.96) and last traded at GBX 74.15 ($0.96), with a volume of 1978047 shares trading hands. The stock had previously closed at GBX 71.50 ($0.93).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 95 ($1.23) price objective on shares of SigmaRoc in a report on Tuesday, September 10th.

SigmaRoc Price Performance

The firm has a market cap of £821.40 million, a PE ratio of -7,400.00 and a beta of 1.72. The stock’s fifty day moving average price is GBX 69.71 and its 200-day moving average price is GBX 67.76. The company has a debt-to-equity ratio of 93.89, a quick ratio of 0.88 and a current ratio of 1.08.

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.