Westminster Group (LON:WSG) Shares Down 10.3% – Here’s Why

Shares of Westminster Group PLC (LON:WSG) fell 10.3% during trading on Monday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). 175,000 shares changed hands during trading, a decline of 73% from the average session volume of 641,338 shares. The stock had previously closed at GBX 1.45 ($0.02).

Westminster Group Trading Down 3.3 %

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 has a market capitalization of £4.31 million, a price-to-earnings ratio of -145.00 and a beta of 1.67. The company’s 50 day moving average is GBX 1.66 and its 200 day moving average is GBX 2.09.

About Westminster Group

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.