Shearwater Group (LON:SWG) Reaches New 52-Week High – Should You Buy?

Shearwater Group plc (LON:SWG) shares hit a new 52-week high during mid-day trading on Monday. The company traded as high as GBX 70 and last traded at GBX 70, with a volume of 96,351 shares trading hands. The stock had previously closed at GBX 65.10.

Shearwater Group Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.44 and a quick ratio of 1.21. The company’s 50 day moving average is GBX 59.76 and its 200 day moving average is GBX 47.70. The stock has a market cap of £16.68 million, a price-to-earnings ratio of -5.79 and a beta of 0.81.

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. Its growth strategy is focused on building a scalable group that caters to the entire spectrum of cyber security and managed security needs, through a focused buy and build approach.

The Group is headquartered in the UK, serving customers globally across a broad spectrum of industries.