Summerway Capital (LON:SWC) Issues Quarterly Earnings Results

Summerway Capital (LON:SWC) posted its quarterly earnings results on Tuesday. The company reported GBX (21.81) EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 40 million for the quarter.

Summerway Capital Stock Performance

SWC stock remained flat at GBX 25.11 during mid-day trading on Tuesday. The company’s stock had a trading volume of 646,280 shares, compared to its average volume of 4,839,882. The stock’s fifty day moving average is GBX 32.50. The firm has a market capitalization of £88.69 million and a P/E ratio of 46.41. Summerway Capital has a 52 week low of GBX 24 and a 52 week high of GBX 44.

Insiders Place Their Bets

In other news, insider Andrew Simon John Webley purchased 11,427 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was bought at an average price of GBX 35 per share, for a total transaction of £3,999.45. Insiders have purchased a total of 136,402 shares of company stock valued at $4,802,776 over the last 90 days. 19.13% of the stock is owned by company insiders.

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.