DSW Capital (LON:DSW) Trading 19.5% Higher – Here’s Why

DSW Capital plc (LON:DSW)’s share price shot up 19.5% on Thursday . The company traded as high as GBX 60.95 ($0.81) and last traded at GBX 60.95 ($0.81). 231,976 shares were traded during trading, an increase of 634% from the average session volume of 31,609 shares. The stock had previously closed at GBX 51 ($0.68).

DSW Capital Stock Performance

The company has a debt-to-equity ratio of 4.89, a quick ratio of 8.99 and a current ratio of 7.09. The stock has a fifty day simple moving average of GBX 51.26 and a two-hundred day simple moving average of GBX 59.88. The stock has a market capitalization of £15.25 million, a price-to-earnings ratio of 158.40 and a beta of 0.22.

DSW Capital Company Profile

DSW Capital, the owner of the Dow Schofield Watts and DR Solicitors brands, is a profitable, mid-market, challenger professional services network with a cash-generative business model and scalable platform for growth.

Our vision is for our brands to become the most sought-after destinations for ambitious, entrepreneurial professionals to start and develop their own businesses.

Originally established in 2002 by three KPMG alumni, Dow Schofield Watts is one of the first platform models disrupting the traditional model of accounting professional services firms.