NCC Group (LON:NCC) Shares Pass Above 200 Day Moving Average – What’s Next?

NCC Group plc (LON:NCC) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 132.26 and traded as high as GBX 142.80. NCC Group shares last traded at GBX 142.05, with a volume of 28,320,553 shares changing hands.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 150 price target on shares of NCC Group in a report on Friday, June 26th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 162.50.

NCC Group Stock Up 1.8%

The firm’s fifty day moving average price is GBX 137.05 and its two-hundred day moving average price is GBX 132.31. The stock has a market cap of £397.99 million, a price-to-earnings ratio of 48.07 and a beta of 0.66. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97.

NCC Group (LON:NCC) last issued its earnings results on Thursday, June 11th. The company reported GBX 4.50 EPS for the quarter. NCC Group had a return on equity of 4.85% and a net margin of 4.54%.The company had revenue of £118.40 million during the quarter. Sell-side analysts forecast that NCC Group plc will post 6.744373 earnings per share for the current fiscal year.

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. 2,000 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.