DSW Capital (LON:DSW) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

DSW Capital plc (LON:DSW)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 47.91 and traded as high as GBX 48. DSW Capital shares last traded at GBX 48, with a volume of 118 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of DSW Capital in a report on Thursday, October 1st.

DSW Capital Trading Up 4.6%

The company has a debt-to-equity ratio of 19.13, a current ratio of 2.80 and a quick ratio of 8.99. The business’s 50-day simple moving average is GBX 45.48 and its two-hundred day simple moving average is GBX 47.85. The stock has a market capitalization of £11.96 million, a price-to-earnings ratio of 23.80 and a beta of 0.48.

Insiders Place Their Bets

In other DSW Capital news, insider James A. T. Dow bought 120,000 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was bought at an average cost of GBX 42 per share, for a total transaction of £50,400. Insiders own 26.07% of the company’s stock.

About DSW Capital

DSW Capital, the owner of the Dow Schofield Watts and DR Solicitors brands, is a profitable, mid-market, challenger professional services network with a cash-generative business model and scalable platform for growth.

Our vision is for our brands to become the most sought-after destinations for ambitious, entrepreneurial professionals to start and develop their own businesses.

Originally established in 2002 by three KPMG alumni, Dow Schofield Watts is one of the first platform models disrupting the traditional model of accounting professional services firms.