The stock of Sigma Capital Group Plc (LON:SGM) hit a new 52-week low and has GBX 65.70 target or 10.00% below today’s GBX 73.00 share price. The 9 months bearish chart indicates high risk for the GBX 63.82M company. The 1-year low was reported on Nov, 10 by Barchart.com. If the GBX 65.70 price target is reached, the company will be worth GBX 6.38M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock increased 3.55% or GBX 2.5 on November 10, hitting GBX 73. About 12,010 shares traded hands. Sigma Capital Group Plc (LON:SGM) has declined 23.37% since April 12, 2016 and is downtrending. It has underperformed by 29.02% the S&P500.
More news for Sigma Capital Group Plc (LON:SGM) were recently published by: Uk.Finance.Yahoo.com, which released: “Sigma Capital Group plc (SGM.L)” on March 30, 2014. Fool.Co.Uk‘s article titled: “Should You Buy Sigma Capital Group Plc, PZ Cussons plc And Stock Spirits Group …” and published on January 26, 2016 is yet another important article.
Sigma Capital Group plc is a holding company. The company has a market cap of 63.82 million GBP. The Company, together with its subsidiaries, is a property group principally focused on the Private Rented Sector sector. It has a 16.87 P/E ratio. The Company’s activities also encompass urban regeneration and property asset management.
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