SigmaRoc (LON:SRC) Sets New 1-Year High - Should You Buy?

Shares of SigmaRoc plc (LON:SRC - Get Free Report) hit 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. The stock had previously closed at GBX 71.50 ($0.93).

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 95 ($1.23) price target on shares of SigmaRoc in a report on Tuesday, September 10th.

SigmaRoc Trading Up 3.2 %

The company has a debt-to-equity ratio of 93.89, a current ratio of 1.08 and a quick ratio of 0.88. The business's 50 day simple moving average is GBX 69.60 and its 200 day simple moving average is GBX 67.71. The stock has a market cap of £819.18 million, a P/E ratio of -7,380.00 and a beta of 1.72.

About SigmaRoc

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.