Intercede Group (LON:IGP) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Intercede Group plc (LON:IGP - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 167.81 ($2.25) and traded as low as GBX 148.36 ($1.99). Intercede Group shares last traded at GBX 150.50 ($2.02), with a volume of 239,228 shares trading hands.

Intercede Group Trading Up 6.3 %

The stock has a market cap of £90.87 million, a PE ratio of 15.03 and a beta of 1.36. The company has a debt-to-equity ratio of 6.10, a quick ratio of 2.02 and a current ratio of 1.95. The stock has a fifty day moving average price of GBX 145.59 and a 200 day moving average price of GBX 166.71.

Insider Buying and Selling at Intercede Group

In other Intercede Group news, insider Klaas van der Leest purchased 33,750 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of GBX 148 ($1.99) per share, for a total transaction of £49,950 ($67,110.04). 56.57% of the stock is currently owned by corporate insiders.

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.