NCC Group (LON:NCC) Stock Price Down 9.5% - Here's What Happened

Shares of NCC Group plc (LON:NCC - Get Free Report) were down 9.5% on Friday . The stock traded as low as GBX 145.20 ($1.97) and last traded at GBX 146.60 ($1.98). Approximately 4,029,211 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 1,655,865 shares. The stock had previously closed at GBX 162.02 ($2.19).

NCC Group Stock Performance

The company has a current ratio of 0.74, a quick ratio of 0.97 and a debt-to-equity ratio of 37.15. The firm has a 50-day simple moving average of GBX 151.48 and a two-hundred day simple moving average of GBX 143.36. The company has a market capitalization of £446.43 million, a price-to-earnings ratio of -17.83 and a beta of 0.77.

NCC Group (LON:NCC - Get Free Report) last issued its quarterly earnings data on Thursday, June 19th. The company reported GBX 2.10 ($0.03) EPS for the quarter. NCC Group had a negative return on equity of 9.97% and a negative net margin of 7.68%. As a group, sell-side analysts forecast that NCC Group plc will post 6.744373 earnings per share for the current fiscal year.

NCC Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Stockholders of record on Thursday, February 20th were issued a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 0.92%. The ex-dividend date was Thursday, February 20th. NCC Group's dividend payout ratio is -62.97%.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business. Driven by a collective purpose to create a more secure digital future, c, 2,200 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally.