NCC Group (LON:NCC) Share Price Passes Above Two Hundred Day Moving Average – Here’s Why

NCC Group plc (LON:NCC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 152.71 ($1.92) and traded as high as GBX 163 ($2.05). NCC Group shares last traded at GBX 161.40 ($2.03), with a volume of 297,240 shares traded.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of NCC Group in a research note on Thursday, August 1st.

NCC Group Trading Up 1.8 %

The stock has a market capitalization of £506.57 million, a PE ratio of -2,017.50 and a beta of 0.77. The company’s 50 day moving average price is GBX 164.14 and its two-hundred day moving average price is GBX 152.71. The company has a debt-to-equity ratio of 37.15, a current ratio of 0.75 and a quick ratio of 0.97.

Insider Buying and Selling at NCC Group

In other news, insider Guy Ellis sold 10,248 shares of NCC Group stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.09), for a total transaction of £17,011.68 ($21,438.79). Also, insider Mike Maddison sold 104,707 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of GBX 168 ($2.12), for a total transaction of £175,907.76 ($221,685.90). 5.57% of the stock is owned by insiders.

About NCC Group

NCC Group plc engages in the cyber and software resilience business in the United Kingdom, the Asian-Pacific, North America, and Europe. The company operates in two segments, Cyber Security and Software Resilience. It offers assessment and advisory services, which include risk management, supply chain risk, cloud and infrastructure, application and security software, mobile, managed vulnerability scanning, hardware and embedded systems, and cryptography, as well as calibrator and cyber security review solutions.