SIG (LON:SHI) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

SIG plc (LON:SHI)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 11.19 and traded as low as GBX 9.90. SIG shares last traded at GBX 9.90, with a volume of 624 shares changing hands.

SIG Price Performance

The firm has a market cap of £114.93 million, a PE ratio of -1.65, a price-to-earnings-growth ratio of 1.29 and a beta of 1.93. The company has a current ratio of 1.57, a quick ratio of 1.10 and a debt-to-equity ratio of 268.81. The company has a 50 day moving average price of GBX 9.18 and a 200 day moving average price of GBX 11.15.

Insider Buying and Selling

In other news, insider Petrus R. M. Vervaat bought 500,000 shares of the firm’s stock in a transaction on Wednesday, October 22nd. The shares were bought at an average cost of GBX 9 per share, for a total transaction of £45,000. Insiders own 0.93% of the company’s stock.

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.