NCC Group’s (NCC) Buy Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of NCC Group (LON:NCC) in a research note released on Tuesday morning, Marketbeat.com reports.

NCC Group Stock Down 15.3 %

Shares of NCC stock opened at GBX 137.60 ($1.76) on Tuesday. NCC Group has a 12-month low of GBX 117.40 ($1.50) and a 12-month high of GBX 184.20 ($2.35). The company has a quick ratio of 0.97, a current ratio of 0.75 and a debt-to-equity ratio of 37.15. The firm has a fifty day moving average of GBX 161.27 and a 200-day moving average of GBX 155.83. The company has a market capitalization of £431.87 million, a price-to-earnings ratio of -1,720.00 and a beta of 0.77.

NCC Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, February 20th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date is Thursday, February 20th. This represents a dividend yield of 0.92%. NCC Group’s dividend payout ratio (DPR) is -6,250.00%.

Insider Transactions at NCC Group

In other NCC Group news, insider Mike Maddison sold 104,707 shares of NCC Group stock in a transaction on Monday, September 16th. The shares were sold at an average price of GBX 168 ($2.15), for a total value of £175,907.76 ($224,744.81). Also, insider Guy Ellis sold 10,248 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.12), for a total transaction of £17,011.68 ($21,734.61). 5.57% of the stock is owned by insiders.

NCC Group Company Profile

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.