Shearwater Group (LON:SWG) Trading Down 2.3% – Time to Sell?

Shearwater Group plc (LON:SWG) shares dropped 2.3% on Tuesday . The company traded as low as GBX 44.45 and last traded at GBX 44.45. Approximately 24,473 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 55,663 shares. The stock had previously closed at GBX 45.50.

Shearwater Group Trading Down 2.3%

The stock has a market capitalization of £212.25 million, a P/E ratio of -3.67 and a beta of 0.65. The stock’s fifty day moving average price is GBX 53.35 and its two-hundred day moving average price is GBX 54.86. The company has a current ratio of 1.38, a quick ratio of 1.21 and a debt-to-equity ratio of 0.82.

Shearwater Group (LON:SWG) last issued its earnings results on Tuesday, November 11th. The company reported GBX 2.40 EPS for the quarter. Shearwater Group had a negative net margin of 9.58% and a negative return on equity of 4.66%. Equities research analysts forecast that Shearwater Group plc will post 2.4020228 EPS for the current year.

Insider Transactions at Shearwater Group

In related news, insider Jonathan David Hall bought 10,000 shares of the stock in a transaction dated Monday, November 17th. The stock was bought at an average price of GBX 49 per share, with a total value of £4,900. Also, insider Phil Higgins bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The shares were bought at an average price of GBX 49 per share, with a total value of £4,900. Insiders own 5.60% of the company’s stock.

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.