Newmark Security (LON:NWT) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Newmark Security plc (LON:NWT) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 97.60 and traded as high as GBX 115. Newmark Security shares last traded at GBX 114.25, with a volume of 1,353 shares changing hands.

Newmark Security Stock Up 6.3%

The company has a current ratio of 1.29, a quick ratio of 0.82 and a debt-to-equity ratio of 60.25. The stock’s 50-day moving average price is GBX 107.46 and its 200-day moving average price is GBX 97.60. The company has a market cap of £10.76 million, a P/E ratio of 17.18 and a beta of 1.37.

Newmark Security (LON:NWT) last issued its earnings results on Thursday, January 15th. The company reported GBX (0.77) EPS for the quarter. Newmark Security had a net margin of 0.60% and a return on equity of 1.67%.

About Newmark Security

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. Grosvenor Technology provides hardware and software to secure data while maintaining privacy, ensuring compliance and reducing time and cost for its clients.

Generating long-term, recurring revenue streams is part of an overarching strategy that is dedicated to building a business that has stability and sustainability at its core.