Shearwater Group (LON:SWG) Shares Up 0.7% – Time to Buy?

Shares of Shearwater Group plc (LON:SWGGet Free Report) rose 0.7% on Wednesday . The company traded as high as GBX 44 and last traded at GBX 43.80. Approximately 53,248 shares were traded during trading, a decline of 9% from the average daily volume of 58,219 shares. The stock had previously closed at GBX 43.50.

Shearwater Group Stock Up 0.7%

The firm has a 50 day moving average price of GBX 45.42 and a 200-day moving average price of GBX 52.86. The firm has a market cap of £10.44 million, a price-to-earnings ratio of -3.62 and a beta of 0.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.38 and a quick ratio of 1.21.

Shearwater Group (LON:SWGGet Free Report) last announced its quarterly earnings data on Tuesday, November 11th. The company reported GBX 2.40 earnings per share for the quarter. Shearwater Group had a negative return on equity of 4.66% and a negative net margin of 9.58%. As a group, equities analysts predict that Shearwater Group plc will post 2.4020228 EPS for the current fiscal year.

Insider Activity at Shearwater Group

In other Shearwater Group news, insider Phil Higgins acquired 10,000 shares of Shearwater Group stock in a transaction on Monday, November 17th. The shares were purchased at an average cost of GBX 49 per share, with a total value of £4,900. Also, insider Jonathan David Hall bought 10,000 shares of the stock in a transaction on Monday, November 17th. The shares were acquired at an average cost of GBX 49 per share, with a total value of £4,900. 5.60% of the stock is owned by insiders.

Shearwater Group Company Profile

(Get Free Report)

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.

Further Reading

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