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

Shares of NCC Group plc (LON:NCC - Get Free Report) were down 9.5% during trading on Thursday . The company traded as low as GBX 145.20 ($1.95) and last traded at GBX 146.60 ($1.97). 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 ($2.18).

NCC Group Price Performance

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

NCC Group (LON:NCC - Get Free Report) last released its quarterly earnings results 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%. Research analysts predict that NCC Group plc will post 6.744373 EPS for the current fiscal year.

NCC Group Cuts Dividend

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

About NCC Group

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.