DSW Capital (LON:DSW) Shares Down 10.5% – Here’s What Happened

DSW Capital plc (LON:DSW) was down 10.5% during trading on Friday . The stock traded as low as GBX 50 ($0.68) and last traded at GBX 51 ($0.69). Approximately 61,572 shares traded hands during mid-day trading, an increase of 141% from the average daily volume of 25,520 shares. The stock had previously closed at GBX 57 ($0.77).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of DSW Capital in a report on Tuesday, July 8th.

DSW Capital Trading Down 10.5%

The company has a current ratio of 7.09, a quick ratio of 8.99 and a debt-to-equity ratio of 4.89. The company has a fifty day simple moving average of GBX 59.32 and a 200-day simple moving average of GBX 55.84. The company has a market capitalization of £12.82 million, a PE ratio of 1,275.00 and a beta of 0.22.

DSW Capital (LON:DSW) last issued its earnings results on Tuesday, July 8th. The company reported GBX 5 earnings per share (EPS) for the quarter. DSW Capital had a return on equity of 1.10% and a net margin of 3.63%.

DSW Capital Company Profile

DSW Capital, the owner of the Dow Schofield Watts and DR Solicitors brands, is a profitable, mid-market, challenger professional services network with a cash-generative business model and scalable platform for growth.

Our vision is for our brands to become the most sought-after destinations for ambitious, entrepreneurial professionals to start and develop their own businesses.

Originally established in 2002 by three KPMG alumni, Dow Schofield Watts is one of the first platform models disrupting the traditional model of accounting professional services firms.