Shearwater Group (LON:SWG) Shares Up 1% – Should You Buy?

Shearwater Group plc (LON:SWG)’s share price shot up 1% during mid-day trading on Wednesday . The stock traded as high as GBX 35.35 ($0.45) and last traded at GBX 35.35 ($0.45). 24,499 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 27,589 shares. The stock had previously closed at GBX 35 ($0.44).

Shearwater Group Price Performance

The firm’s 50-day moving average price is GBX 35.95 and its 200-day moving average price is GBX 39.31. The company has a market cap of £8.34 million, a price-to-earnings ratio of -392.78 and a beta of 0.65. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.38 and a quick ratio of 1.21.

Shearwater Group Company Profile

Shearwater Group plc provides organizational resilience solutions in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Software and Services. The company offers SecurEnvoy, a software that provides identity and access management solutions; and Geolang, a software that delivers data discovery, regulatory compliance, digital transformation, and data subject access requests.