Newmark Security (LON:NWT) Releases Quarterly Earnings Results

Newmark Security (LON:NWT) issued its quarterly earnings results on Thursday. The company reported GBX (0.77) EPS for the quarter, Digital Look Earnings reports. Newmark Security had a net margin of 0.60% and a return on equity of 1.67%.

Newmark Security Trading Up 5.7%

LON:NWT opened at GBX 118.90 on Thursday. The company has a market cap of £11.19 million, a P/E ratio of 17.88 and a beta of 1.37. Newmark Security has a twelve month low of GBX 60 and a twelve month high of GBX 137. The business has a 50 day moving average price of GBX 107.27 and a two-hundred day moving average price of GBX 96.18. The company has a quick ratio of 0.82, a current ratio of 1.29 and a debt-to-equity ratio of 60.25.

About Newmark Security

Newmark Security (AIM:NWT) delivers long-term shareholder value through the provision of products and services in the security and data sectors. With locations in the UK and US, the organisation operates through subsidiary businesses positioned in specialist, high-growth, markets.

Safetell provides physical security installations ranging from Asset Protection Solutions to Counter Terror Deployments. Grosvenor Technology provides hardware and software to secure data while maintaining privacy, ensuring compliance and reducing time and cost for its clients.

Generating long-term, recurring revenue streams is part of an overarching strategy that is dedicated to building a business that has stability and sustainability at its core.