Westminster Group (LON:WSG) Trading 11.6% Higher – Still a Buy?

Westminster Group PLC (LON:WSG)’s stock price was up 11.6% on Tuesday . The company traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.20 ($0.02). Approximately 1,628,424 shares traded hands during trading, a decline of 23% from the average daily volume of 2,106,681 shares. The stock had previously closed at GBX 1.08 ($0.01).

Westminster Group Trading Up 11.6 %

The firm’s 50-day moving average price is GBX 1.61 and its 200 day moving average price is GBX 2.04. The company has a current ratio of 1.20, a quick ratio of 1.85 and a debt-to-equity ratio of 49.42. The company has a market cap of £3.80 million, a price-to-earnings ratio of -1.26 and a beta of 1.67.

About Westminster Group

Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.

Westminster’s principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services.

The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO’s) and blue-chip commercial organisations.