Shearwater Group PLC (LON:SWG) shot up 21.7% during trading on Monday . The company traded as high as GBX 1.95 ($0.03) and last traded at GBX 1.83 ($0.02). 6,986,540 shares were traded during mid-day trading, an increase of 968% from the average session volume of 654,068 shares. The stock had previously closed at GBX 1.50 ($0.02).
The firm has a market cap of $35.34 million and a P/E ratio of -3.90.
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Shearwater Group PLC provides digital resilience solutions in the United Kingdom. The company operates in two segments, software and services. It offers multifactor authentication software solutions, and identity and access management security solutions; digital, operational, and regulatory solutions and services; enterprise grade security for small to medium sized businesses; and information, network, and application security solutions, as well as cyber essentials advisory, training, and outsourced IT services.
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