DSW Capital (LON:DSW) Trading 7.7% Higher – Here’s What Happened

DSW Capital plc (LON:DSW) shot up 7.7% during trading on Friday . The stock traded as high as GBX 70 and last traded at GBX 70. 200 shares changed hands during trading, a decline of 99% from the average session volume of 25,201 shares. The stock had previously closed at GBX 65.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of DSW Capital in a research note on Thursday, November 13th.

DSW Capital Stock Performance

The firm has a market capitalization of £17.59 million, a PE ratio of 16.67 and a beta of 0.22. The company has a current ratio of 7.09, a quick ratio of 8.99 and a debt-to-equity ratio of 4.89. The business’s 50 day simple moving average is GBX 59.35 and its two-hundred day simple moving average is GBX 57.36.

DSW Capital (LON:DSW) last announced its earnings results on Monday, November 24th. The company reported GBX 0.60 EPS for the quarter. DSW Capital had a return on equity of 1.10% and a net margin of 3.63%.

About DSW Capital

DSW Capital, the owner of the Dow Schofield Watts and DR Solicitors brands, is a profitable, mid-market, challenger professional services network with a cash-generative business model and scalable platform for growth.

Our vision is for our brands to become the most sought-after destinations for ambitious, entrepreneurial professionals to start and develop their own businesses.

Originally established in 2002 by three KPMG alumni, Dow Schofield Watts is one of the first platform models disrupting the traditional model of accounting professional services firms.