Signet Jewelers Ltd (NYSE:SIG) shares, rose in value on Thursday, March 27, with the stock price down by -0.18% to the previous day’s close as strong demand from buyers drove the stock to $60.42.
Actively observing the price movement in the last trading, the stock closed the session at $60.53, falling within a range of $59.52 and $61.8. The value of beta (5-year monthly) was 2.206. Referring to stock’s 52-week performance, its high was $112.06, and the low was $45.55. On the whole, SIG has fluctuated by 14.69% over the past month.
With the market capitalization of Signet Jewelers Ltd currently standing at about $2.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-18. The company’s Forward Dividend Ratio is 1.16, with its dividend yield at 1.92%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 6.71B, with a low estimate of 1.52B and a high estimate of 1.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.52B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SIG’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SIG currently trading nearly 15.42% and 10.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 63.85, while the 7-day volatility ratio is showing 4.43% which for the 30-day chart, stands at 5.42%. Furthermore, Signet Jewelers Ltd (SIG)’s beta value is 1.65, and its average true range (ATR) is 3.03.
A comparison of Signet Jewelers Ltd (SIG) with its peers suggests the former has fared considerably weaker in the market. SIG showed an intraday change of -0.18% in last session, and over the past year, it shrunk by -36.48%%.
Data on historical trading for Signet Jewelers Ltd (NYSE:SIG) indicates that the trading volumes over the past 10 days have averaged 2.33 and over the past 3 months, they’ve averaged 1.73 million. According to company’s latest data on outstanding shares, there are 43.20 million shares outstanding.
Nearly 4.09% of Signet Jewelers Ltd’s shares belong to company insiders and institutional investors own 112.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.36 million shares as on 2025-03-14, resulting in a short ratio of 3.81. According to the data, the short interest in Signet Jewelers Ltd (SIG) stood at 2421.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.76 million. The stock has fallen by -25.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SIG stock heading into the next quarter.
