Shearwater Group (LON:SWG) Reaches New 1-Year Low – What’s Next?

Shearwater Group plc (LON:SWG)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 30 ($0.39) and last traded at GBX 30 ($0.39), with a volume of 31336 shares. The stock had previously closed at GBX 31 ($0.40).

Shearwater Group Price Performance

The firm has a market capitalization of £7.15 million, a price-to-earnings ratio of -3.29 and a beta of 0.65. The company has a current ratio of 1.38, a quick ratio of 1.21 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average price of GBX 33.95 and a two-hundred day moving average price of GBX 35.69.

Insider Buying and Selling at Shearwater Group

In other news, insider Jonathan David Hall purchased 13,500 shares of the company’s stock in a transaction on Monday, February 17th. The shares were bought at an average price of GBX 37 ($0.48) per share, for a total transaction of £4,995 ($6,450.15). 51.89% of the stock is currently owned by company insiders.

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.