Shearwater Group (LON:SWG) Stock Price Down 0.4% – What’s Next?

Shearwater Group plc (LON:SWG) dropped 0.4% on Friday . The company traded as low as GBX 57.15 and last traded at GBX 57.25. 218,384 shares changed hands during trading, an increase of 216% from the average daily volume of 69,026 shares. The stock had previously closed at GBX 57.50.

Shearwater Group Stock Performance

The business has a 50-day moving average of GBX 48.42 and a two-hundred day moving average of GBX 43.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.44 and a quick ratio of 1.21. The company has a market cap of £13.64 million, a P/E ratio of -4.73 and a beta of 0.74.

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.