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

Shearwater Group plc (LON:SWG) shares hit a new 52-week high on Tuesday. The stock traded as high as GBX 70 and last traded at GBX 68.20, with a volume of 38509 shares. The stock had previously closed at GBX 67.50.

Shearwater Group Stock Performance

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 company has a market capitalization of £16.14 million, a PE ratio of -5.60 and a beta of 0.81. The stock’s fifty day simple moving average is GBX 59.17 and its 200-day simple moving average is GBX 46.80.

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.