Shearwater Group (LON:SWG) Shares Up 1.2% – Still a Buy?

Shares of Shearwater Group plc (LON:SWG) rose 1.2% during trading on Wednesday . The stock traded as high as GBX 43 and last traded at GBX 43. Approximately 64 shares changed hands during trading, a decline of 100% from the average daily volume of 50,945 shares. The stock had previously closed at GBX 42.50.

Shearwater Group Stock Performance

The stock has a 50 day moving average price of GBX 45.85 and a two-hundred day moving average price of GBX 50.88. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.44 and a quick ratio of 1.21. The company has a market capitalization of £10.25 million, a price-to-earnings ratio of -3.55 and a beta of 0.65.

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. 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.