Shares of Shearwater Group PLC (LON:SWG) reached 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 traded. The stock had previously closed at GBX 2.38 ($0.03).

In related news, insider Phil Higgins purchased 2,500,000 shares of Shearwater Group stock in a transaction dated Monday, December 24th. The stock was acquired at an average cost of GBX 3 ($0.04) per share, with a total value of £75,000 ($98,000.78).

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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.

Further Reading: Return on Equity (ROE)

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