NCC Group (LON:NCC) Insider Buys £164.78 in Stock

NCC Group plc (LON:NCC) insider Guy Ellis bought 107 shares of the stock in a transaction dated Monday, October 19th. The stock was bought at an average cost of GBX 154 per share, for a total transaction of £164.78.

Guy Ellis also recently made the following trade(s):

• On Thursday, September 17th, Guy Ellis bought 124 shares of NCC Group stock. The shares were bought at an average price of GBX 132 per share, with a total value of £163.68.
• On Monday, August 17th, Guy Ellis bought 117 shares of NCC Group stock. The shares were bought at an average cost of GBX 141 per share, with a total value of £164.97.

NCC Group Price Performance

NCC traded up GBX 0.60 during trading on Tuesday, hitting GBX 155.20. 584,142 shares of the company traded hands, compared to its average volume of 3,992,837. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 34.83. The company has a market cap of £240.22 million, a PE ratio of 51.73 and a beta of 0.66. The stock’s 50-day simple moving average is GBX 141.66 and its two-hundred day simple moving average is GBX 136.31. NCC Group plc has a 1 year low of GBX 107.20 and a 1 year high of GBX 161.60.

NCC Group declared that its board has approved a stock repurchase plan on Monday, September 7th that authorizes the company to repurchase 0 outstanding shares. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Share buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

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

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. 2,000 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.