Shearwater Group PLC (LON:SWG)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 2.20 ($0.03) and last traded at GBX 2.25 ($0.03), with a volume of 2032843 shares changing hands. The stock had previously closed at GBX 2.38 ($0.03).
In related news, insider Phil Higgins bought 2,500,000 shares of the firm’s stock in a transaction that occurred on Monday, December 24th. The stock was purchased at an average price of GBX 3 ($0.04) per share, for a total transaction of £75,000 ($98,000.78).
About Shearwater Group (LON:SWG)
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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