NCC Group (LON:NCC) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

NCC Group plc (LON:NCC)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 131.57 and traded as high as GBX 143.60. NCC Group shares last traded at GBX 142.79, with a volume of 1,189,859 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 150 target price on shares of NCC Group in a research note on Friday, June 26th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 162.50.

NCC Group Stock Up 0.4%

The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97. The company has a market capitalization of £398.25 million, a price-to-earnings ratio of 47.60 and a beta of 0.64. The firm has a 50-day moving average price of GBX 136.44 and a two-hundred day moving average price of GBX 131.57.

NCC Group (LON:NCC) last announced its earnings results on Thursday, June 11th. The company reported GBX 4.50 earnings per share (EPS) for the quarter. NCC Group had a return on equity of 4.85% and a net margin of 4.54%.The business had revenue of £118.40 million for the quarter. As a group, sell-side analysts anticipate that NCC Group plc will post 6.744373 earnings per share for the current fiscal year.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.

Driven by a collective purpose to create a more secure digital future, c. 2,000 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.