SIG Group (OTCMKTS:SIGCY) Trading 0.7% Higher – Here’s What Happened

Shares of SIG Group AG (OTCMKTS:SIGCYGet Free Report) were up 0.7% on Thursday . The company traded as high as C$16.62 and last traded at C$16.57. 1,693 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 829 shares. The stock had previously closed at C$16.46.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SIGCY shares. UBS Group raised SIG Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. The Goldman Sachs Group upgraded shares of SIG Group to a “strong-buy” rating in a research note on Tuesday, March 24th. Two equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, SIG Group has a consensus rating of “Buy”.

View Our Latest Research Report on SIGCY

SIG Group Price Performance

The company has a 50-day moving average price of C$15.71 and a 200-day moving average price of C$15.34.

About SIG Group

(Get Free Report)

SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products. The company provides aseptic carton filling lines, aseptic carton sleeves and closures, bag-in-box, and spouted pouch, as well as spare parts, maintenance, digital, add-on, training, and other services. It primarily operates in Europe, the Middle East, Africa, the Asia Pacific, and the Americas. The company was formerly known as SIG Combibloc Group AG and changed its name to SIG Group AG in April 2022.

Further Reading

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