Shearwater Group (LON:SWG) Reaches New 12-Month Low – Here’s What Happened

Shares of Shearwater Group plc (LON:SWG) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 30 ($0.39) and last traded at GBX 31.73 ($0.41), with a volume of 20849 shares. The stock had previously closed at GBX 32.50 ($0.42).

Shearwater Group Trading Down 2.4 %

The company has a 50 day moving average of GBX 34.35 and a two-hundred day moving average of GBX 35.91. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.21 and a current ratio of 1.38. The stock has a market capitalization of £7.56 million, a PE ratio of -3.48 and a beta of 0.65.

Insider Activity at Shearwater Group

In related news, insider Jonathan David Hall purchased 13,500 shares of Shearwater Group stock in a transaction that occurred on Monday, February 17th. The stock was purchased at an average price of GBX 37 ($0.48) per share, for a total transaction of £4,995 ($6,487.86). 51.89% of the stock is currently owned by 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.