Shearwater Group (LON:SWG) Trading Down 1.7% - Here's What Happened

Key Points

• Shearwater Group plc's stock price decreased by 1.7% during mid-day trading, reaching GBX 55.04 ($0.73).
• The company has a market capitalization of £262.82 million and a negative PE ratio of -4.55, indicating potential concerns about profitability.
• Shearwater Group specializes in cyber security and managed security solutions, providing services such as identity management, data security, and compliance.

Shearwater Group plc (LON:SWG - )'s stock price fell 1.7% during mid-day trading on Thursday . The company traded as low as GBX 55 ($0.73) and last traded at GBX 55.04 ($0.73). 25,668 shares were traded during mid-day trading, a decline of 52% from the average session volume of 53,383 shares. The stock had previously closed at GBX 56 ($0.75).

Shearwater Group Stock Performance

The company has a quick ratio of 1.21, a current ratio of 1.38 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of £262.82 million, a PE ratio of -4.55 and a beta of 0.65. The stock has a fifty day moving average of GBX 57.73 and a 200-day moving average of GBX 50.68.

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.

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