Intercede Group (LON:IGP) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Intercede Group plc (LON:IGPGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 163.51 and traded as low as GBX 130. Intercede Group shares last traded at GBX 130.05, with a volume of 378,670 shares trading hands.

Intercede Group Stock Performance

The company has a quick ratio of 2.02, a current ratio of 1.95 and a debt-to-equity ratio of 6.10. The company has a fifty day moving average price of GBX 151.76 and a 200 day moving average price of GBX 163.51. The stock has a market cap of £77.14 million, a PE ratio of 20.01 and a beta of 1.36.

Intercede Group (LON:IGPGet Free Report) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 2.20 earnings per share (EPS) for the quarter. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%. Analysts expect that Intercede Group plc will post 3.7781278 earnings per share for the current year.

Insider Activity at Intercede Group

In other news, insider Nitil Patel bought 2,600 shares of the business’s stock in a transaction dated Thursday, October 9th. The shares were purchased at an average price of GBX 153 per share, for a total transaction of £3,978. Also, insider Royston Hoggarth bought 128,200 shares of the firm’s stock in a transaction that occurred on Thursday, October 9th. The stock was purchased at an average cost of GBX 156 per share, for a total transaction of £199,992. 46.41% of the stock is currently owned by company insiders.

Intercede Group Company Profile

(Get Free Report)

Intercede Group plc, a cybersecurity company, engages in identity and credential management business to enable digital trust in the United Kingdom, rest of Europe, the United States, and internationally. The company offers MyID, a credential management system for cyber secure digital identity that allows organizations to deploy digital identities to a range of secure devices; MyID Professional, an identity management software solution that enables enterprises to replace insecure passwords across their workforce with the strong user authentication smart cards, or USB tokens with public key infrastructure certificates; and MyID Enterprise, a software solution for large organizations and governments to deploy and manage digital identities to a range of secure devices.

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