Shore Capital Reaffirms Buy Rating for NCC Group (LON:NCC)

Shore Capital reiterated their buy rating on shares of NCC Group (LON:NCC - Free Report) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 175 ($2.35) price target on the stock.

NCC Group Stock Up 1.0%

LON:NCC traded up GBX 1.40 ($0.02) during midday trading on Thursday, reaching GBX 148.60 ($1.99). 950,805 shares of the stock traded hands, compared to its average volume of 1,620,470. NCC Group has a 12-month low of GBX 124 ($1.66) and a 12-month high of GBX 184.20 ($2.47). The business has a 50-day moving average of GBX 152.18 and a two-hundred day moving average of GBX 142.95. 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 capitalization of £468.50 million, a PE ratio of -18.71 and a beta of 0.77.

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

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.