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

Shares of NCC Group plc (LON:NCC - Get Free Report) traded down 9.5% during trading on Thursday . The stock traded as low as GBX 145.20 ($1.95) and last traded at GBX 146.60 ($1.97). 4,029,211 shares were traded during trading, an increase of 143% from the average session volume of 1,655,865 shares. The stock had previously closed at GBX 162.02 ($2.18).

NCC Group Stock Performance

The stock's 50-day moving average price is GBX 151.48 and its 200 day moving average price is GBX 143.50. The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15. The company has a market cap of £461.57 million, a P/E ratio of -18.44 and a beta of 0.77.

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

NCC Group Cuts Dividend

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