Intercede Group (LON:IGP) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Intercede Group plc (LON:IGPGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 165.53 ($2.09) and traded as high as GBX 169.50 ($2.14). Intercede Group shares last traded at GBX 166.50 ($2.10), with a volume of 55,291 shares trading hands.

Intercede Group Price Performance

The firm has a 50 day moving average price of GBX 175.13 and a 200 day moving average price of GBX 165.92. The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10. The stock has a market capitalization of £97.74 million, a PE ratio of 1,665.00 and a beta of 1.36.

Insider Activity

In related news, insider Tina Whitley acquired 24,777 shares of the business’s stock in a transaction on Friday, September 20th. The stock was acquired at an average cost of £201.80 ($254.70) per share, with a total value of £4,999,998.60 ($6,310,739.11). Also, insider Nitil Patel acquired 1,504 shares of the company’s stock in a transaction on Friday, October 11th. The shares were bought at an average cost of GBX 162 ($2.04) per share, with a total value of £2,436.48 ($3,075.20). Insiders own 56.57% of the company’s stock.

Intercede Group Company Profile

(Get Free Report)

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.

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