Intercede Group (LON:IGP) Announces Earnings Results

Intercede Group (LON:IGP - Get Free Report) released its earnings results on Tuesday. The company reported GBX 6.90 ($0.09) earnings per share 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 Price Performance

Shares of IGP traded up GBX 10.25 ($0.14) during midday trading on Wednesday, reaching GBX 187.75 ($2.57). The stock had a trading volume of 203,022 shares, compared to its average volume of 110,950. The company has a debt-to-equity ratio of 6.10, a current ratio of 1.95 and a quick ratio of 2.02. The company has a market capitalization of £106.30 million, a P/E ratio of 17.58 and a beta of 1.36. The firm's 50 day moving average price is GBX 166.74 and its 200-day moving average price is GBX 165.22. Intercede Group has a 52 week low of GBX 120.25 ($1.64) and a 52 week high of GBX 216.75 ($2.96).

Insider Activity at Intercede Group

In other Intercede Group news, insider Klaas van der Leest bought 12,450 shares of Intercede Group stock in a transaction that occurred on Tuesday, June 24th. The stock was purchased at an average cost of GBX 178 ($2.43) per share, for a total transaction of £22,161 ($30,278.73). Also, insider Nitil Patel purchased 741 shares of the firm's stock in a transaction on Wednesday, June 25th. The stock was acquired at an average price of GBX 185 ($2.53) per share, for a total transaction of £1,370.85 ($1,873.00). Insiders bought 18,191 shares of company stock valued at $3,248,185 over the last 90 days. 56.57% of the stock is currently owned by corporate insiders.

Intercede Group Company Profile

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.