NCC Group (LON:NCC) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

NCC Group plc (LON:NCC)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 156.16 ($1.95) and traded as low as GBX 144.40 ($1.81). NCC Group shares last traded at GBX 144.40 ($1.81), with a volume of 343,352 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of NCC Group in a research report on Tuesday, December 10th.

NCC Group Trading Down 0.7 %

The business’s 50-day moving average is GBX 153.09 and its two-hundred day moving average is GBX 156.16. The stock has a market capitalization of £450.09 million, a PE ratio of -1,792.55 and a beta of 0.77. The company has a quick ratio of 0.97, a current ratio of 0.75 and a debt-to-equity ratio of 37.15.

NCC Group Cuts Dividend

The company also recently announced 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. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Thursday, February 20th. NCC Group’s payout ratio is currently -6,250.00%.

Insider Buying and Selling

In other NCC Group news, insider Mike Maddison purchased 18,187 shares of NCC Group stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average price of GBX 136 ($1.70) per share, for a total transaction of £24,734.32 ($30,944.98). Also, insider Guy Ellis sold 10,248 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.08), for a total transaction of £17,011.68 ($21,283.22). Insiders have bought 18,332 shares of company stock worth $2,495,991 in the last quarter. 5.57% of the stock is owned by insiders.

About NCC Group

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, 2,200 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.