Insider Buying: SIG (LON:SHI) Insider Acquires 500,000 Shares of Stock

SIG plc (LON:SHI) insider Petrus Vervaat purchased 500,000 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of GBX 10 per share, for a total transaction of £50,000.

SIG Price Performance

LON SHI traded down GBX 0.15 during trading hours on Thursday, reaching GBX 9.87. 1,231,029 shares of the stock traded hands, compared to its average volume of 1,088,078. The stock has a 50 day simple moving average of GBX 9.43 and a two-hundred day simple moving average of GBX 10.65. SIG plc has a 1 year low of GBX 8.28 and a 1 year high of GBX 18. The company has a debt-to-equity ratio of 268.81, a current ratio of 1.57 and a quick ratio of 1.10. The company has a market cap of £114.59 million, a price-to-earnings ratio of -1.65, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93.

About SIG

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.