SIG Group (OTCMKTS:SIGCY) Stock Price Up 8.5% – Still a Buy?

SIG Group AG (OTCMKTS:SIGCY – Get Free Report) shares shot up 8.5% during trading on Tuesday. The company traded as high as C$18.16 and last traded at C$17.92. 25,632 shares traded hands during trading, The stock had previously closed at C$16.52.

SIG Group Trading Down 2.2%

The stock has a fifty day moving average of C$16.41 and a 200 day moving average of C$15.94.

SIG Group Company Profile

(Get Free Report)

SIG Group AG is a Switzerland-based packaging solutions company that develops and manufactures packaging systems for liquid and food products. Its offerings include aseptic cartons, bag-in-box packaging and spouted pouch solutions, along with the filling equipment, closures and related services needed to support customers’ packaging operations.

The company serves producers of milk and dairy products, beverages, liquid food, prepared foods and other consumer goods. SIG’s packaging systems are designed for products with different storage and distribution requirements, including shelf-stable and refrigerated applications.

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