Swift Media (ASX:SW1) Trading Down 13.2%

Swift Media Ltd (ASX:SW1) shares were down 13.2% during mid-day trading on Tuesday . The company traded as low as A$0.17 ($0.12) and last traded at A$0.17 ($0.12), approximately 110,037 shares were traded during mid-day trading. The stock had previously closed at A$0.19 ($0.13).

The business has a fifty day simple moving average of A$0.21. The company has a debt-to-equity ratio of 21.21, a quick ratio of 0.35 and a current ratio of 0.41. The stock has a market cap of $28.50 million and a price-to-earnings ratio of -46.25.

About Swift Media (ASX:SW1)

Swift Media Limited, together with its subsidiaries, provides digital entertainment solutions for the resource, hotel, government, lifestyle village, and aged care sectors worldwide. The company's connectivity and content delivery platform allows guests to watch, play, connect, and interact, as well as enables accommodation providers to generate additional revenue and receive meaningful data insights to retain existing and drive new business.

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