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

Intercede Group plc (LON:IGP)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 151.49 and traded as low as GBX 112. Intercede Group shares last traded at GBX 113, with a volume of 92,101 shares traded.

Intercede Group Stock Performance

The company’s 50 day simple moving average is GBX 127.18 and its 200 day simple moving average is GBX 151.49. 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 stock has a market cap of £65.90 million, a PE ratio of 19.16 and a beta of 1.36.

Intercede Group (LON:IGP) last announced its earnings results on Tuesday, November 25th. The company reported GBX 2.20 earnings per share for the quarter. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%. Analysts expect that Intercede Group plc will post 3.7781278 earnings per share 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.