Shearwater Group (LON:SWG) Trading Down 1.8% – Should You Sell?

Shearwater Group plc (LON:SWG)’s share price traded down 1.8% on Friday . The company traded as low as GBX 55 and last traded at GBX 55. Approximately 963 shares traded hands during trading, a decline of 99% from the average daily volume of 64,281 shares. The stock had previously closed at GBX 56.

Shearwater Group Stock Performance

The company has a market cap of £13.11 million, a PE ratio of -4.55 and a beta of 0.81. The company has a current ratio of 1.44, a quick ratio of 1.21 and a debt-to-equity ratio of 0.79. The business has a fifty day moving average of GBX 54.25 and a 200-day moving average of GBX 44.56.

Shearwater Group Company Profile

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.