Westminster Group (LON:WSG) Trading Up 13.4% – Still a Buy?

Westminster Group PLC (LON:WSG)’s stock price rose 13.4% during trading on Wednesday . The stock traded as high as GBX 1.99 ($0.03) and last traded at GBX 1.99 ($0.03). Approximately 1,441,463 shares traded hands during mid-day trading, an increase of 2% from the average daily volume of 1,408,695 shares. The stock had previously closed at GBX 1.75 ($0.02).

Westminster Group Price Performance

The company has a current ratio of 1.20, a quick ratio of 1.85 and a debt-to-equity ratio of 49.42. The business’s 50 day moving average price is GBX 1.58 and its two-hundred day moving average price is GBX 1.78. The stock has a market cap of £6.88 million, a P/E ratio of -2.29 and a beta of 1.67.

Westminster Group (LON:WSG) last posted its quarterly earnings data on Friday, March 28th. The company reported GBX (0.31) ($0.00) earnings per share for the quarter. Westminster Group had a negative net margin of 46.95% and a negative return on equity of 59.72%. As a group, sell-side analysts expect that Westminster Group PLC will post 0.6027397 earnings per share for the current fiscal year.

Westminster Group Company Profile

Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.

Westminster’s principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services.

The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO’s) and blue-chip commercial organisations.