Shearwater Group (LON:SWG) Trading Down 0.2% – Time to Sell?

by · The Cerbat Gem

Shearwater Group plc (LON:SWG – Get Free Report) shares fell 0.2% during mid-day trading on Wednesday . The company traded as low as GBX 44 and last traded at GBX 44.90. 34,068 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 72,164 shares. The stock had previously closed at GBX 45.

Shearwater Group Trading Down 0.2%

The company has a market cap of £10.70 million, a P/E ratio of -3.71 and a beta of 0.65. The company has a quick ratio of 1.21, a current ratio of 1.38 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of GBX 44.77 and a two-hundred day moving average price of GBX 54.12.

Shearwater Group (LON:SWG – Get Free Report) last posted its earnings results on Tuesday, November 11th. The company reported GBX 2.40 earnings per share (EPS) for the quarter. Shearwater Group had a negative return on equity of 4.66% and a negative net margin of 9.58%. On average, analysts predict that Shearwater Group plc will post 2.4020228 EPS for the current year.

Insider Buying and Selling

In related news, insider Jonathan David Hall purchased 10,000 shares of Shearwater Group stock in a transaction on Monday, November 17th. The shares were purchased at an average price of GBX 49 per share, for a total transaction of £4,900. Also, insider Phil Higgins acquired 10,000 shares of Shearwater Group stock in a transaction on Monday, November 17th. The stock was purchased at an average cost of GBX 49 per share, with a total value of £4,900. Company insiders own 5.60% of the company’s stock.

Shearwater Group Company Profile

(Get Free Report)

Shearwater Group plc is an award-winning group providing cyber security, managed security and professional advisory solutions to create a safer online environment for organisations and their end users.

The Group’s differentiated full service offering spans identity and access management and data security, cybersecurity solutions and managed security services, and security governance, risk and compliance. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.

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