Newmark Security (LON:NWT) Announces Earnings Results

Newmark Security (LON:NWT) released its quarterly earnings data on Friday. The company reported GBX 13.79 earnings per share for the quarter, Digital Look Earnings reports. Newmark Security had a net margin of 4.19% and a return on equity of 11.74%.

Newmark Security Stock Down 4.7%

Shares of LON NWT opened at GBX 100.10 on Friday. Newmark Security has a 52 week low of GBX 88.50 and a 52 week high of GBX 137. The business has a 50-day simple moving average of GBX 110.30 and a two-hundred day simple moving average of GBX 107.99. The company has a quick ratio of 0.82, a current ratio of 1.26 and a debt-to-equity ratio of 50.03. The company has a market cap of £9.43 million, a P/E ratio of 9.55 and a beta of 1.24.

Newmark Security Company Profile

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.