DSW Capital (LON:DSW) Shares Up 2.7% – Here’s What Happened

DSW Capital plc (LON:DSW) was up 2.7% on Tuesday . The company traded as high as GBX 46.75 and last traded at GBX 46.75. Approximately 20,021 shares traded hands during mid-day trading, an increase of 1% from the average daily volume of 19,882 shares. The stock had previously closed at GBX 45.50.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of DSW Capital in a research report on Tuesday, July 28th.

DSW Capital Price Performance

The company has a 50-day moving average of GBX 43.18 and a 200 day moving average of GBX 48.17. The company has a debt-to-equity ratio of 19.13, a quick ratio of 8.99 and a current ratio of 2.80. The firm has a market cap of £11.75 million, a P/E ratio of 23.38 and a beta of 0.47.

DSW Capital (LON:DSW) last announced its quarterly earnings results on Tuesday, July 28th. The company reported GBX 2 earnings per share for the quarter. DSW Capital had a return on equity of 5.54% and a net margin of 9.06%.

About DSW Capital

DSW Capital, the owner of the Dow Schofield Watts and DR Solicitors brands, is a profitable, mid-market, challenger professional services network with a cash-generative business model and scalable platform for growth.

Our vision is for our brands to become the most sought-after destinations for ambitious, entrepreneurial professionals to start and develop their own businesses.

Originally established in 2002 by three KPMG alumni, Dow Schofield Watts is one of the first platform models disrupting the traditional model of accounting professional services firms.