NCC Group (LON:NCC) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

NCC Group plc (LON:NCC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 131.46 and traded as high as GBX 142.20. NCC Group shares last traded at GBX 140.80, with a volume of 907,322 shares traded.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 150 price objective on shares of NCC Group in a research report on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 162.50.

NCC Group Price Performance

The company has a market capitalization of £392.69 million, a price-to-earnings ratio of 46.93 and a beta of 0.64. The company has a debt-to-equity ratio of 34.83, a quick ratio of 0.97 and a current ratio of 1.90. The business has a 50 day moving average price of GBX 135.92 and a 200-day moving average price of GBX 131.46.

NCC Group (LON:NCC) last announced its earnings results on Thursday, June 11th. The company reported GBX 4.50 EPS for the quarter. NCC Group had a return on equity of 4.85% and a net margin of 4.54%.The company had revenue of £118.40 million for the quarter. Research analysts predict that NCC Group plc will post 6.744373 EPS 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. 2,000 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. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.