Shearwater Group (LON:SWG) Shares Up 21.6% – What’s Next?

Shearwater Group plc (LON:SWG) was up 21.6% during mid-day trading on Wednesday . The stock traded as high as GBX 45 and last traded at GBX 45. 333,840 shares were traded during mid-day trading, an increase of 509% from the average session volume of 54,797 shares. The stock had previously closed at GBX 37.

Shearwater Group Trading Up 21.6%

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.21 and a current ratio of 1.44. The company has a 50 day simple moving average of GBX 38.16 and a two-hundred day simple moving average of GBX 41.49. The firm has a market cap of £10.72 million, a PE ratio of -3.72 and a beta of 0.75.

About Shearwater Group

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. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.