Intercede Group (LON:IGP) Issues Quarterly Earnings Results

Intercede Group (LON:IGP - Get Free Report) issued its earnings results on Tuesday. The company reported GBX 6.90 ($0.09) EPS for the quarter, Digital Look Earnings reports. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%.

Intercede Group Stock Performance

IGP stock traded down GBX 3.50 ($0.05) during midday trading on Friday, reaching GBX 187.50 ($2.57). The company had a trading volume of 96,604 shares, compared to its average volume of 110,528. The company has a quick ratio of 2.02, a current ratio of 1.95 and a debt-to-equity ratio of 6.10. The stock has a 50 day moving average price of GBX 168.78 and a 200 day moving average price of GBX 165.62. Intercede Group has a fifty-two week low of GBX 120.25 ($1.65) and a fifty-two week high of GBX 216.75 ($2.97). The firm has a market capitalization of £106.16 million, a PE ratio of 17.56 and a beta of 1.36.

Insider Buying and Selling at Intercede Group

In other Intercede Group news, insider Klaas van der Leest acquired 12,450 shares of Intercede Group stock in a transaction dated Tuesday, June 24th. The stock was acquired at an average cost of GBX 178 ($2.44) per share, for a total transaction of £22,161 ($30,411.69). Also, insider Nitil Patel acquired 741 shares of Intercede Group stock in a transaction dated Wednesday, June 25th. The shares were acquired at an average price of GBX 185 ($2.54) per share, with a total value of £1,370.85 ($1,881.23). Insiders purchased a total of 18,191 shares of company stock worth $3,248,185 over the last ninety days. Company insiders own 56.57% of the company's stock.

About Intercede Group

Intercede Group plc, a cybersecurity company, engages in identity and credential management business to enable digital trust in the United Kingdom, rest of Europe, the United States, and internationally. The company offers MyID, a credential management system for cyber secure digital identity that allows organizations to deploy digital identities to a range of secure devices; MyID Professional, an identity management software solution that enables enterprises to replace insecure passwords across their workforce with the strong user authentication smart cards, or USB tokens with public key infrastructure certificates; and MyID Enterprise, a software solution for large organizations and governments to deploy and manage digital identities to a range of secure devices.