NCC Group (LON:NCC) Stock Price Down 9.6% – Should You Sell?

Shares of NCC Group plc (LON:NCC) were down 9.6% during mid-day trading on Thursday . The company traded as low as GBX 146.20 ($1.97) and last traded at GBX 146.40 ($1.97). Approximately 4,778,724 shares changed hands during mid-day trading, an increase of 187% from the average daily volume of 1,662,271 shares. The stock had previously closed at GBX 162.02 ($2.18).

NCC Group Price Performance

The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15. The company has a market capitalization of £461.57 million, a P/E ratio of -18.44 and a beta of 0.77. The business has a 50 day simple moving average of GBX 151.48 and a 200-day simple moving average of GBX 143.60.

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

NCC Group Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, April 4th. Shareholders of record on Thursday, February 20th were paid a GBX 1.50 ($0.02) dividend. This represents a yield of 0.92%. The ex-dividend date of this dividend was Thursday, February 20th. NCC Group’s payout ratio 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.