Newmark Security (LON:NWT) Shares Up 7.9% – Here’s Why

Newmark Security plc (LON:NWT)’s stock price shot up 7.9% during mid-day trading on Tuesday . The company traded as high as GBX 130 ($1.73) and last traded at GBX 119.50 ($1.59). 13,171 shares were traded during mid-day trading, a decline of 22% from the average session volume of 16,924 shares. The stock had previously closed at GBX 110.75 ($1.48).

Newmark Security Trading Up 4.0%

The company has a quick ratio of 0.82, a current ratio of 1.29 and a debt-to-equity ratio of 60.25. The business’s 50 day moving average is GBX 93.32 and its 200-day moving average is GBX 82.77. The firm has a market cap of £12.21 million, a P/E ratio of 19.55 and a beta of 1.37.

Newmark Security (LON:NWT) last issued its quarterly earnings results on Thursday, September 4th. The company reported GBX 7.06 earnings per share (EPS) for the quarter. Newmark Security had a net margin of 0.60% and a return on equity of 1.67%.

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.