Insider Selling: Signet Jewelers Limited (LON:SIG) Insider Sells 50,000 Shares of Stock

Signet Jewelers Limited (LON:SIG) insider Nigel Rudd sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of GBX 323 ($4.22), for a total value of £161,500 ($211,028.35).

Signet Jewelers stock opened at GBX 325.10 ($4.25) on Friday. Signet Jewelers Limited has a 52-week low of GBX 322.10 ($4.21) and a 52-week high of GBX 328.50 ($4.29). The company has a quick ratio of 0.53, a current ratio of 1.33 and a debt-to-equity ratio of 140.32.

Separately, Berenberg Bank cut their target price on shares of Signet Jewelers from GBX 335 ($4.38) to GBX 330 ($4.31) and set a “hold” rating for the company in a report on Monday, November 25th.

About Signet Jewelers

Signet Jewelers Limited is a retailer of diamond jewelry. The Company’s segments include the Sterling Jewelers division; the Zale division, which consists of the Zale Jewelry and Piercing Pagoda segments; the UK Jewelry division, and Other. The Sterling Jewelers division’s stores operate in the United States principally as Kay Jewelers (Kay), Kay Jewelers Outlet, Jared The Galleria Of Jewelry (Jared) and Jared Vault.

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