Shearwater Group (LON:SWG) Shares Down 1.9% – Time to Sell?

Shearwater Group plc (LON:SWG) shares traded down 1.9% on Tuesday . The company traded as low as GBX 37.25 and last traded at GBX 37.25. 41,800 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 49,918 shares. The stock had previously closed at GBX 37.98.

Shearwater Group Price Performance

The stock has a 50 day moving average of GBX 38.81 and a two-hundred day moving average of GBX 42.17. The stock has a market cap of £9.05 million, a PE ratio of -3.14 and a beta of 0.78. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.21 and a current ratio of 1.44.

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