Intercede Group (LON:IGP) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Intercede Group plc (LON:IGPGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 104.69 and traded as high as GBX 125. Intercede Group shares last traded at GBX 123.80, with a volume of 165,310 shares trading hands.

Intercede Group Stock Down 2.0%

The company has a current ratio of 2.76, a quick ratio of 2.02 and a debt-to-equity ratio of 5.69. The stock has a market capitalization of £73.10 million, a PE ratio of 21.91 and a beta of 1.62. The stock’s fifty day simple moving average is GBX 111.76 and its 200-day simple moving average is GBX 104.79.

Intercede Group (LON:IGPGet Free Report) last announced its earnings results on Wednesday, June 24th. The company reported GBX 5.70 EPS for the quarter. Intercede Group had a net margin of 19.68% and a return on equity of 18.91%. The company had revenue of GBX 1,716 million during the quarter. As a group, sell-side analysts forecast that Intercede Group plc will post 3.7781278 EPS for the current fiscal year.

Insider Transactions at Intercede Group

In other news, insider Nitil Patel acquired 500,000 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was purchased at an average price of GBX 38 per share, for a total transaction of £190,000. Insiders own 46.21% of the company’s stock.

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.

Recommended Stories

Receive News & Ratings for Intercede Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intercede Group and related companies with MarketBeat.com's FREE daily email newsletter.