NCC Group (LON:NCC) Stock Price Down 5.7% – Here’s Why

by · The Cerbat Gem

NCC Group plc (LON:NCCGet Free Report) dropped 5.7% on Thursday . The stock traded as low as GBX 114.80 and last traded at GBX 115.40. Approximately 1,575,320 shares changed hands during trading, a decline of 46% from the average daily volume of 2,918,233 shares. The stock had previously closed at GBX 122.40.

NCC Group Trading Down 5.7%

The company has a fifty day simple moving average of GBX 127.03 and a two-hundred day simple moving average of GBX 137.75. The company has a market cap of £323.77 million, a PE ratio of 20.98 and a beta of 0.62. The company has a current ratio of 2.36, a quick ratio of 0.97 and a debt-to-equity ratio of 11.04.

NCC Group (LON:NCCGet Free Report) last released its quarterly earnings data on Monday, February 16th. The company reported GBX 4.70 earnings per share (EPS) for the quarter. NCC Group had a return on equity of 7.75% and a net margin of 7.16%. Analysts anticipate that NCC Group plc will post 6.744373 EPS for the current year.

Insider Buying and Selling at NCC Group

In other NCC Group news, insider Mike Ettling acquired 36,390 shares of the stock in a transaction dated Friday, January 23rd. The stock was acquired at an average cost of GBX 137 per share, with a total value of £49,854.30. Also, insider Jennifer Duvalier acquired 35,816 shares of the stock in a transaction dated Monday, January 26th. The shares were acquired at an average cost of GBX 140 per share, with a total value of £50,142.40. In the last quarter, insiders acquired 154,225 shares of company stock worth $21,480,851 and sold 51,395 shares worth $7,255,296. 2.93% of the stock is owned by insiders.

NCC Group Company Profile

(Get Free Report)

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.

Featured Stories