Intercede Group (LON:IGP) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Intercede Group plc (LON:IGP)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 147.67 and traded as low as GBX 120. Intercede Group shares last traded at GBX 122, with a volume of 20,000 shares.

Intercede Group Trading Up 1.7%

The company has a debt-to-equity ratio of 6.10, a quick ratio of 2.02 and a current ratio of 1.95. The company has a market cap of £73.40 million, a price-to-earnings ratio of 21.03 and a beta of 1.36. The company’s fifty day moving average is GBX 123.79 and its two-hundred day moving average is GBX 147.67.

Intercede Group (LON:IGP) last released its quarterly earnings data on Tuesday, November 25th. The company reported GBX 2.20 EPS for the quarter. Intercede Group had a net margin of 30.17% and a return on equity of 55.13%. On average, research analysts anticipate that Intercede Group plc will post 3.7781278 EPS for the current year.

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.