Summerway Capital (LON:SWC) Announces Quarterly Earnings Results

Summerway Capital (LON:SWC) posted its quarterly earnings data on Tuesday. The company reported GBX (21.81) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Summerway Capital Trading Up 4.1%

SWC traded up GBX 1.06 during midday trading on Thursday, reaching GBX 26.86. The company had a trading volume of 1,214,549 shares, compared to its average volume of 4,768,189. The company’s 50-day moving average price is GBX 31.99. The firm has a market capitalization of £94.87 million and a P/E ratio of 49.64. Summerway Capital has a 1 year low of GBX 24 and a 1 year high of GBX 44.

Insider Activity

In other news, insider Andrew Simon John Webley acquired 11,427 shares of the firm’s stock in a transaction dated Thursday, April 30th. The shares were purchased at an average cost of GBX 35 per share, for a total transaction of £3,999.45. Insiders have acquired 136,402 shares of company stock valued at $4,802,776 over the last three months. Corporate insiders own 19.13% of the company’s stock.

About Summerway Capital

Smarter Web is a UK-based technology company operating a Bitcoin treasury strategy alongside its web services business. The Company holds Bitcoin as its primary treasury reserve asset, with the aim of building long-term shareholder value, and operates one of the largest public Bitcoin treasuries in the UK. Through its agencies, Squarebird and Smarter Web Operations, it provides web design, development, hosting, and digital marketing services to organisations of all sizes in the UK and internationally.