Shearwater Group (LON:SWG) Trading Down 7.1% – What’s Next?

Shares of Shearwater Group plc (LON:SWG) were down 7.1% during trading on Wednesday . The stock traded as low as GBX 32.10 ($0.40) and last traded at GBX 32.98 ($0.41). Approximately 82,297 shares traded hands during mid-day trading, an increase of 187% from the average daily volume of 28,707 shares. The stock had previously closed at GBX 35.50 ($0.44).

Shearwater Group Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.38 and a debt-to-equity ratio of 0.82. The firm has a 50-day moving average of GBX 36.13 and a 200 day moving average of GBX 38.06. The stock has a market capitalization of £7.72 million, a P/E ratio of -359.78 and a beta of 0.65.

Shearwater Group (LON:SWG) last released its quarterly earnings data on Tuesday, November 26th. The company reported GBX (0.03) ($0.00) EPS for the quarter. Shearwater Group had a negative return on equity of 4.61% and a negative net margin of 9.58%. Research analysts anticipate that Shearwater Group plc will post 2.4020228 EPS for the current fiscal year.

Shearwater Group Company Profile

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.