NCC Group (LON:NCC) Stock Price Passes Above 200-Day Moving Average – Here’s Why

NCC Group plc (LON:NCC)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 143.50 ($1.91) and traded as high as GBX 152.80 ($2.03). NCC Group shares last traded at GBX 146.40 ($1.95), with a volume of 451,111 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating and set a GBX 175 ($2.33) price objective on shares of NCC Group in a research note on Thursday, July 17th.

NCC Group Trading Up 1.4%

The stock has a 50 day moving average of GBX 150.56 and a 200-day moving average of GBX 143.57. The company has a market capitalization of £467.87 million, a P/E ratio of -18.69 and a beta of 0.77. The company has a current ratio of 0.74, a quick ratio of 0.97 and a debt-to-equity ratio of 37.15.

NCC Group (LON:NCC) last posted 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 return on equity of 9.97% and a negative net margin of 7.68%. On average, research analysts predict that NCC Group plc will post 6.744373 EPS for the current year.

NCC Group Company Profile

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.