Intercede Group plc (LON:IGP) Insider Nitil Patel Buys 741 Shares

Intercede Group plc (LON:IGP) insider Nitil Patel purchased 741 shares of the company’s stock in a transaction that occurred on Wednesday, June 25th. The stock was acquired at an average cost of GBX 185 ($2.53) per share, for a total transaction of £1,370.85 ($1,873.00).

Intercede Group Price Performance

Shares of LON IGP opened at GBX 187.75 ($2.57) on Thursday. Intercede Group plc has a fifty-two week low of GBX 120.25 ($1.64) and a fifty-two week high of GBX 216.75 ($2.96). The stock has a market cap of £106.30 million, a price-to-earnings ratio of 17.58 and a beta of 1.36. 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 firm’s 50-day simple moving average is GBX 167.47 and its 200 day simple moving average is GBX 165.37.

Intercede Group (LON:IGP) last announced its quarterly earnings results on Tuesday, June 24th. The company reported GBX 6.90 ($0.09) earnings per share for the quarter. Intercede Group had a net margin of 30.17% and a return on equity of 55.13%. As a group, research analysts anticipate that Intercede Group plc will post 3.7781278 earnings per share for the current fiscal 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.