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Intercede Group (LON:IGP) Stock Price Passes Below 200 Day Moving Average - What's Next?

Intercede Group logo with Computer and Technology background

Intercede Group plc (LON:IGP - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 166.23 ($2.25) and traded as low as GBX 156 ($2.11). Intercede Group shares last traded at GBX 161.50 ($2.18), with a volume of 74,706 shares traded.

Intercede Group Trading Up 3.8%

The business has a 50 day simple moving average of GBX 172.48 and a 200-day simple moving average of GBX 166.03. The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10. The stock has a market capitalization of £93.42 million, a price-to-earnings ratio of 15.45 and a beta of 1.36.

Intercede Group (LON:IGP - Get Free Report) last released its quarterly earnings data on Tuesday, June 24th. The company reported GBX 6.90 ($0.09) EPS for the quarter. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%. On average, equities analysts predict that Intercede Group plc will post 3.7781278 earnings per share for the current year.

Insider Transactions at Intercede Group

In other news, insider Klaas van der Leest acquired 12,450 shares of the business's stock in a transaction dated Tuesday, June 24th. The shares were bought at an average cost of GBX 178 ($2.41) per share, for a total transaction of £22,161 ($29,959.44). Also, insider Nitil Patel acquired 741 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was purchased at an average price of GBX 185 ($2.50) per share, for a total transaction of £1,370.85 ($1,853.25). Over the last 90 days, insiders bought 18,191 shares of company stock worth $3,248,185. Company insiders own 56.57% of the company's stock.

Intercede Group Company Profile

(Get Free Report)

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.

See Also

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