Shearwater Group (LON:SWG) Shares Down 0.4% – What’s Next?

Shearwater Group plc (LON:SWG) shares traded down 0.4% on Friday . The stock traded as low as GBX 57.15 and last traded at GBX 57.25. 218,384 shares traded hands during mid-day trading, an increase of 216% from the average session volume of 69,026 shares. The stock had previously closed at GBX 57.50.

Shearwater Group Stock Performance

The business has a 50-day moving average price of GBX 48.42 and a 200-day moving average price of GBX 43.41. 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 firm has a market capitalization of £13.64 million, a price-to-earnings ratio of -4.73 and a beta of 0.74.

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.