Intercede Group (LON:IGP) Releases Earnings Results

Intercede Group (LON:IGP) posted its quarterly earnings results on Wednesday. The company reported GBX 5.70 EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 1,716 million during the quarter. Intercede Group had a return on equity of 21.69% and a net margin of 20.89%.

Intercede Group Trading Up 4.4%

Shares of Intercede Group stock opened at GBX 106 on Friday. The company has a quick ratio of 2.02, a current ratio of 2.81 and a debt-to-equity ratio of 6.98. Intercede Group has a 12-month low of GBX 73 and a 12-month high of GBX 193. The company has a market capitalization of £63.77 million, a price-to-earnings ratio of 18.28 and a beta of 1.04. The firm’s 50-day moving average price is GBX 109.63 and its two-hundred day moving average price is GBX 109.35.

Insider Buying and Selling

In other news, insider Klaas van der Leest acquired 2,956 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of GBX 122 per share, with a total value of £3,606.32. Also, insider Nitil Patel acquired 2,956 shares of the stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of GBX 122 per share, with a total value of £3,606.32. Corporate insiders own 45.76% of the company’s stock.

Intercede Group Company Profile

Intercede Group plc, a cybersecurity company, engages in identity and credential management business to enable digital trust in the United Kingdom, rest of Europe, the United States, and internationally. The company offers MyID, a credential management system for cyber secure digital identity that allows organizations to deploy digital identities to a range of secure devices; MyID Professional, an identity management software solution that enables enterprises to replace insecure passwords across their workforce with the strong user authentication smart cards, or USB tokens with public key infrastructure certificates; and MyID Enterprise, a software solution for large organizations and governments to deploy and manage digital identities to a range of secure devices.