Westminster Group (LON:WSG) Stock Price Down 13.3% – Here’s What Happened

Westminster Group PLC (LON:WSG)’s share price traded down 13.3% during mid-day trading on Monday . The company traded as low as GBX 1.39 ($0.02) and last traded at GBX 1.40 ($0.02). 1,198,542 shares changed hands during trading, an increase of 122% from the average session volume of 540,678 shares. The stock had previously closed at GBX 1.62 ($0.02).

Westminster Group Trading Down 8.4 %

The company has a debt-to-equity ratio of 3.18, a quick ratio of 1.85 and a current ratio of 2.43. The stock’s 50-day simple moving average is GBX 1.73 and its 200-day simple moving average is GBX 2.16. The firm has a market capitalization of £4.89 million, a PE ratio of -145.00 and a beta of 1.67.

Westminster Group (LON:WSG) last announced its earnings results on Wednesday, November 6th. The company reported GBX 0.88 ($0.01) EPS for the quarter. Westminster Group had a net margin of 6.91% and a return on equity of 7.01%. As a group, sell-side analysts expect that Westminster Group PLC will post 0.6027397 EPS for the current fiscal year.

Westminster Group Company Profile

Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.

Westminster’s principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services.

The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO’s) and blue-chip commercial organisations.