Shearwater Group (LON:SWG) Issues Earnings Results

Shearwater Group (LON:SWG) announced its earnings results on Tuesday. The company reported GBX 5.50 earnings per share for the quarter, Digital Look Earnings reports. Shearwater Group had a negative return on equity of 24.02% and a negative net margin of 30.26%. The company had revenue of GBX 4,231 million for the quarter.

Shearwater Group Price Performance

Shearwater Group stock opened at GBX 68 on Tuesday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.44 and a quick ratio of 1.21. The business has a 50 day simple moving average of GBX 61.69 and a 200-day simple moving average of GBX 48.03. Shearwater Group has a 12 month low of GBX 35.50 and a 12 month high of GBX 75. The stock has a market capitalization of £16.20 million, a PE ratio of -5.62 and a beta of 0.75.

About Shearwater Group

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.