Shearwater Group (LON:SWG) Shares Down 7.1% – Should You Sell?

Shearwater Group plc (LON:SWG)’s share price fell 7.1% during trading on Wednesday . The stock traded as low as GBX 32.10 ($0.40) and last traded at GBX 32.98 ($0.41). 82,297 shares traded hands during trading, an increase of 187% from the average session volume of 28,707 shares. The stock had previously closed at GBX 35.50 ($0.44).

Shearwater Group Trading Down 12.7 %

The company has a fifty day simple moving average of GBX 36.17 and a two-hundred day simple moving average of GBX 38.15. The company has a market capitalization of £7.39 million, a P/E ratio of -344.39 and a beta of 0.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.38 and a quick ratio of 1.21.

Shearwater Group (LON:SWG) last issued its quarterly earnings data on Tuesday, November 26th. The company reported GBX (0.03) ($0.00) earnings per share for the quarter. Shearwater Group had a negative net margin of 9.58% and a negative return on equity of 4.61%. On average, analysts forecast that Shearwater Group plc will post 2.4020228 earnings per share for the current fiscal year.

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.