Shearwater Group (LON:SWG) Stock Price Up 9.4% – Should You Buy?

Shearwater Group plc (LON:SWG)’s stock price traded up 9.4% during trading on Thursday . The company traded as high as GBX 35.50 ($0.46) and last traded at GBX 34.45 ($0.44). 57,794 shares were traded during trading, an increase of 38% from the average session volume of 42,010 shares. The stock had previously closed at GBX 31.50 ($0.41).

Shearwater Group Stock Down 7.8 %

The stock’s fifty day simple moving average is GBX 33.32 and its 200-day simple moving average is GBX 35.28. The stock has a market cap of £7.91 million, a P/E ratio of -3.65 and a beta of 0.65. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.21 and a current ratio of 1.38.

Insider Activity at Shearwater Group

In related news, insider Jonathan David Hall purchased 13,500 shares of the company’s stock in a transaction that occurred on Monday, February 17th. The stock was acquired at an average price of GBX 37 ($0.48) per share, with a total value of £4,995 ($6,443.50). 51.89% of the stock is currently owned by corporate 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.