Shearwater Group (LON:SWG) Reaches New 52-Week Low – Time to Sell?

Shearwater Group plc (LON:SWG) reached a new 52-week low during trading on Monday . The company traded as low as GBX 30 ($0.39) and last traded at GBX 30 ($0.39), with a volume of 31336 shares trading hands. The stock had previously closed at GBX 31 ($0.40).

Shearwater Group Price Performance

The company has a market cap of £7.15 million, a P/E ratio of -3.29 and a beta of 0.65. The company’s 50-day moving average price is GBX 33.95 and its two-hundred day moving average price is GBX 35.69. The company has a current ratio of 1.38, a quick ratio of 1.21 and a debt-to-equity ratio of 0.82.

Insider Activity at Shearwater Group

In other Shearwater Group news, insider Jonathan David Hall acquired 13,500 shares of the firm’s stock in a transaction on Monday, February 17th. The stock was purchased at an average price of GBX 37 ($0.48) per share, with a total value of £4,995 ($6,450.15). 51.89% of the stock is owned by corporate insiders.

Shearwater Group Company Profile

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.