Shearwater Group (LON:SWG) Trading 2.2% Higher – Time to Buy?

Shearwater Group plc (LON:SWGGet Free Report) shares traded up 2.2% during mid-day trading on Wednesday . The company traded as high as GBX 46 and last traded at GBX 45.99. 6,860 shares traded hands during trading, a decline of 87% from the average session volume of 54,879 shares. The stock had previously closed at GBX 45.

Shearwater Group Trading Up 2.2%

The stock’s 50 day simple moving average is GBX 39.76 and its 200 day simple moving average is GBX 41.69. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.21 and a current ratio of 1.44. The firm has a market cap of £10.96 million, a PE ratio of -3.80 and a beta of 0.74.

About Shearwater Group

(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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