Shearwater Group (LON:SWG) Trading 2.2% Higher – Here’s What Happened

Shearwater Group plc (LON:SWG)’s share price traded up 2.2% on Wednesday . The stock traded as high as GBX 46 and last traded at GBX 45.99. 6,860 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 54,879 shares. The stock had previously closed at GBX 45.

Shearwater Group Stock Performance

The company’s 50-day moving average price is GBX 39.92 and its two-hundred day moving average price is GBX 41.70. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.21 and a current ratio of 1.44. The stock has a market cap of £11.06 million, a PE ratio of -3.83 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.