Newmark Security PLC (NWT)

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86.67p
   
  • Change Today:
    -0.83p
  • 52 Week High: 92.50p
  • 52 Week Low: 47.50p
  • Currency: UK Pounds
  • Shares Issued: 9.37m
  • Volume: 2,796
  • Market Cap: £8.12m
  • RiskGrade: 215

Newmark Security secures two new US customer wins

By Iain Gilbert

Date: Friday 07 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Security and data services firm Newmark Security has secured two new customer wins in its Human Capital Management division in the United States, where it trades as GT Clocks.

Newmark said on Friday that GT had onboarded a new client, a HCM software company which provides human resources and payroll solutions to more than 30,000 businesses of all sizes, across many sectors, onto its GT-4 timeclock - the successor to its previous mid-tier hardware offering.

The AIM-listed group stated the contract was for a period of three years, with a minimum contract value in excess of $1.0m over this period.

In a separate customer win, one of the Newmark's existing "full suite HCM solution" partners had entered into an agreement to supply its flagship device, the GT-10, to "one of the largest retailers in the US".

While Newmark noted the deal was not yet contractually committed, the firm estimates that the agreement could potentially be worth up to $3.8m over the next two-three years and could also lead to further projects with the same client.

Chief executive Marie-Claire Dwek said: "We are delighted to see our investment into creating our next-generation timeclocks being repaid with these customer wins.

"The US has been a significant part of our growth story in recent years and we expect that trend to continue."

As of 0835 BST, Newmark shares had surged 22.29% to 1.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NWT Market Data

Currency UK Pounds
Share Price 86.67p
Change Today -0.83p
% Change -0.95 %
52 Week High 92.50p
52 Week Low 47.50p
Volume 2,796
Shares Issued 9.37m
Market Cap £8.12m
RiskGrade 215

NWT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.57% below the market average18.57% below the market average18.57% below the market average18.57% below the market average18.57% below the market average
2.22% below the sector average2.22% below the sector average2.22% below the sector average2.22% below the sector average2.22% below the sector average
Price Trend
98.29% above the market average98.29% above the market average98.29% above the market average98.29% above the market average98.29% above the market average
98.02% above the sector average98.02% above the sector average98.02% above the sector average98.02% above the sector average98.02% above the sector average
Income Not Available
Growth
51.49% below the market average51.49% below the market average51.49% below the market average51.49% below the market average51.49% below the market average
44% below the sector average44% below the sector average44% below the sector average44% below the sector average44% below the sector average

NWT Dividends

  Latest Previous
  Final Final
Ex-Div 22-Sep-16 17-Sep-15
Paid 10-Oct-16 09-Oct-15
Amount 0.100p 0.100p

Trades for 28-Mar-2024

Time Volume / Share Price
09:56 2,796 @ 89.25p

NWT Key Personnel

CEO Marie-Claire Dwek
CFO Paul Campbell-White

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