NCC Group (LON:NCC) Stock Price Down 8.4% – Time to Sell?

NCC Group plc (LON:NCC) was down 8.4% during trading on Thursday . The company traded as low as GBX 145.20 ($1.95) and last traded at GBX 148.40 ($2.00). Approximately 5,824,463 shares changed hands during trading, an increase of 249% from the average daily volume of 1,671,209 shares. The stock had previously closed at GBX 162.02 ($2.18).

NCC Group Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.97 and a debt-to-equity ratio of 37.15. The business has a 50-day moving average price of GBX 151.48 and a 200 day moving average price of GBX 143.60. The stock has a market cap of £461.57 million, a PE ratio of -18.44 and a beta of 0.77.

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

NCC Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 4th. Investors of record on Thursday, February 20th were issued a dividend of GBX 1.50 ($0.02) per share. The ex-dividend date was Thursday, February 20th. This represents a yield of 0.92%. NCC Group’s dividend payout ratio (DPR) is -62.97%.

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.