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NCC Group (LON:NCC) Trading 8.4% Higher - Here's Why

NCC Group logo with Computer and Technology background

NCC Group plc (LON:NCC - Get Free Report)'s stock price traded up 8.4% during mid-day trading on Thursday . The stock traded as high as GBX 158.40 ($2.12) and last traded at GBX 157.80 ($2.11). 2,050,374 shares traded hands during mid-day trading, an increase of 24% from the average session volume of 1,647,570 shares. The stock had previously closed at GBX 145.60 ($1.95).

Analysts Set New Price Targets

Separately, Shore Capital reissued a "buy" rating and issued a GBX 175 price target on shares of NCC Group in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of GBX 175.

Read Our Latest Stock Analysis on NCC Group

NCC Group Price Performance

The company has a debt-to-equity ratio of 37.15, a current ratio of 0.74 and a quick ratio of 0.97. The firm has a market capitalization of £483.26 million, a P/E ratio of -19.71 and a beta of 0.77. The firm's 50 day simple moving average is GBX 145.28 and its two-hundred day simple moving average is GBX 146.66.

About NCC Group

(Get Free Report)

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.

Further Reading

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