NCC Group (LON:NCC) Trading Down 9.5% – Here’s Why

NCC Group plc (LON:NCC) was down 9.5% on Thursday . The company traded as low as GBX 145.20 ($1.95) and last traded at GBX 146.60 ($1.97). Approximately 4,029,211 shares traded hands during mid-day trading, an increase of 143% from the average daily volume of 1,655,865 shares. The stock had previously closed at GBX 162.02 ($2.18).

NCC Group Trading Down 0.1%

The company has a debt-to-equity ratio of 37.15, a current ratio of 0.74 and a quick ratio of 0.97. The business’s 50-day moving average price is GBX 151.48 and its two-hundred day moving average price is GBX 143.60. The company has a market capitalization of £461.57 million, a price-to-earnings ratio of -18.44 and a beta of 0.77.

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

NCC Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 4th. Investors of record on Thursday, February 20th were paid a GBX 1.50 ($0.02) dividend. 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.