Newmark Security (LON:NWT) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Newmark Security plc (LON:NWT) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 100.05 and traded as low as GBX 100. Newmark Security shares last traded at GBX 110, with a volume of 2,111 shares traded.

Newmark Security Trading Up 4.8%

The firm’s 50-day simple moving average is GBX 108.27 and its 200 day simple moving average is GBX 100.05. The company has a debt-to-equity ratio of 60.25, a current ratio of 1.29 and a quick ratio of 0.82. The firm has a market capitalization of £10.36 million, a price-to-earnings ratio of 10.50 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) earnings per share 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.