Newmark Security (LON:NWT) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Newmark Security plc (LON:NWT) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 97.60 and traded as high as GBX 115. Newmark Security shares last traded at GBX 114.25, with a volume of 1,353 shares.

Newmark Security Stock Performance

The company has a debt-to-equity ratio of 60.25, a quick ratio of 0.82 and a current ratio of 1.29. The company has a market capitalization of £9.42 million, a PE ratio of 15.04 and a beta of 1.37. The company has a 50 day moving average price of GBX 107.22 and a 200 day moving average price of GBX 97.79.

Newmark Security (LON:NWT) last issued its quarterly earnings results on Thursday, January 15th. The company reported GBX (0.77) earnings per share (EPS) for the quarter. Newmark Security had a return on equity of 1.67% and a net margin of 0.60%.

About Newmark Security

Newmark Security (AIM:NWT) delivers long-term shareholder value through the provision of products and services in the security and data sectors. With locations in the UK and US, the organisation operates through subsidiary businesses positioned in specialist, high-growth, markets.

Safetell provides physical security installations ranging from Asset Protection Solutions to Counter Terror Deployments. Grosvenor Technology provides hardware and software to secure data while maintaining privacy, ensuring compliance and reducing time and cost for its clients.

Generating long-term, recurring revenue streams is part of an overarching strategy that is dedicated to building a business that has stability and sustainability at its core.