Shearwater Group (LON:SWG) Shares Up 8% – Time to Buy?

Shearwater Group plc (LON:SWGGet Free Report) was up 8% during mid-day trading on Friday . The company traded as high as GBX 64 and last traded at GBX 61. 320,262 shares changed hands during trading, an increase of 397% from the average session volume of 64,411 shares. The stock had previously closed at GBX 56.50.

Shearwater Group Stock Up 8.0%

The company has a quick ratio of 1.21, a current ratio of 1.44 and a debt-to-equity ratio of 0.79. The company has a market capitalization of £14.54 million, a PE ratio of -5.04 and a beta of 0.74. The stock has a 50-day moving average of GBX 41.58 and a 200 day moving average of GBX 41.95.

Shearwater Group Company Profile

(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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