Shearwater Group (LON:SWG) Stock Price Down 1.2% – Here’s Why

Shearwater Group plc (LON:SWG) shares traded down 1.2% during trading on Tuesday . The stock traded as low as GBX 36.51 and last traded at GBX 36.55. 22,065 shares were traded during trading, a decline of 58% from the average session volume of 52,529 shares. The stock had previously closed at GBX 37.

Shearwater Group Stock Up 4.7%

The company has a market capitalization of £10.72 million, a PE ratio of -3.72 and a beta of 0.75. The company has a current ratio of 1.44, a quick ratio of 1.21 and a debt-to-equity ratio of 0.79. The firm has a 50 day simple moving average of GBX 38.32 and a two-hundred day simple moving average of GBX 41.50.

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. 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.