Westminster Group (LON:WSG) Stock Price Down 6.9% – Here’s What Happened

Westminster Group PLC (LON:WSG) shares fell 6.9% on Wednesday . The stock traded as low as GBX 1.20 and last traded at GBX 1.21. 1,433,840 shares changed hands during trading, an increase of 79% from the average session volume of 800,214 shares. The stock had previously closed at GBX 1.30.

Westminster Group Stock Performance

The business’s fifty day simple moving average is GBX 1.39 and its 200-day simple moving average is GBX 1.85. The firm has a market cap of £5.42 million, a P/E ratio of -1.70 and a beta of 1.67. The company has a current ratio of 1.20, a quick ratio of 1.85 and a debt-to-equity ratio of 49.42.

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.