Shearwater Group (LON:SWG) Sets New 1-Year High – Here’s What Happened

Shearwater Group plc (LON:SWG)’s stock price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 70 and last traded at GBX 67, with a volume of 323973 shares changing hands. The stock had previously closed at GBX 66.50.

Shearwater Group Stock Up 3.5%

The firm has a market cap of £16.40 million, a P/E ratio of -5.69 and a beta of 0.81. The company has a quick ratio of 1.21, a current ratio of 1.44 and a debt-to-equity ratio of 0.79. The firm has a fifty day moving average of GBX 58.01 and a 200-day moving average of GBX 45.98.

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.