Summerway Capital (LON:SWC) Issues Earnings Results

Summerway Capital (LON:SWC) posted its quarterly earnings results on Tuesday. The company reported GBX (21.81) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Summerway Capital Price Performance

Shares of SWC stock traded up GBX 0.26 during trading hours on Thursday, hitting GBX 26.06. The company had a trading volume of 643,159 shares, compared to its average volume of 4,762,642. Summerway Capital has a 12 month low of GBX 24 and a 12 month high of GBX 44. The company has a market cap of £92.04 million and a price-to-earnings ratio of 48.16. The stock’s fifty day moving average is GBX 31.99.

Insider Activity at Summerway Capital

In related news, insider Andrew Simon John Webley purchased 50,988 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were acquired at an average price of GBX 35 per share, with a total value of £17,845.80. In the last ninety days, insiders purchased 136,402 shares of company stock worth $4,802,776. 19.13% of the stock is owned by company insiders.

About Summerway Capital

Smarter Web is a UK-based technology company operating a Bitcoin treasury strategy alongside its web services business. The Company holds Bitcoin as its primary treasury reserve asset, with the aim of building long-term shareholder value, and operates one of the largest public Bitcoin treasuries in the UK. Through its agencies, Squarebird and Smarter Web Operations, it provides web design, development, hosting, and digital marketing services to organisations of all sizes in the UK and internationally.