Newmark Security (LON:NWT) Shares Pass Above 200-Day Moving Average – What’s Next?

Shares of Newmark Security plc (LON:NWT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 106.80 and traded as high as GBX 115. Newmark Security shares last traded at GBX 114, with a volume of 97 shares trading hands.

Newmark Security Stock Up 3.6%

The company has a market cap of £10.74 million, a P/E ratio of 10.88 and a beta of 1.24. 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 business’s 50 day moving average is GBX 112.80 and its 200 day moving average is GBX 106.80.

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.