Shearwater Group (LON:SWG) Shares Up 0.3% – Time to Buy?

Shearwater Group plc (LON:SWG) shot up 0.3% during trading on Tuesday . The company traded as high as GBX 38.10 and last traded at GBX 38.10. 2,173 shares were traded during mid-day trading, a decline of 96% from the average session volume of 51,724 shares. The stock had previously closed at GBX 38.

Shearwater Group Price Performance

The business has a 50-day simple moving average of GBX 39.22 and a 200 day simple moving average of GBX 44.09. The stock has a market cap of £9.08 million, a P/E ratio of -3.15 and a beta of 0.83. The company has a current ratio of 1.44, a quick ratio of 1.21 and a debt-to-equity ratio of 0.79.

Shearwater Group (LON:SWG) last released its quarterly earnings results on Tuesday, March 17th. The company reported GBX (1) EPS for the quarter. Shearwater Group had a negative net margin of 30.26% and a negative return on equity of 24.02%. On average, analysts forecast that Shearwater Group plc will post 2.4020228 earnings per share for the current year.

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.