Intercede Group (LON:IGP) Issues Earnings Results

Intercede Group (LON:IGP) posted its earnings results on Wednesday. The company reported GBX 5.70 earnings per share for the quarter, Digital Look Earnings reports. Intercede Group had a net margin of 20.89% and a return on equity of 21.69%. The business had revenue of GBX 1,716 million for the quarter.

Intercede Group Stock Performance

LON:IGP opened at GBX 106 on Thursday. The business has a 50 day moving average price of GBX 109.40 and a 200-day moving average price of GBX 109.56. Intercede Group has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 195. The company has a debt-to-equity ratio of 6.98, a quick ratio of 2.02 and a current ratio of 2.81. The firm has a market cap of £63.77 million, a PE ratio of 18.28 and a beta of 1.04.

Insider Buying and Selling

In other Intercede Group news, insider Nitil Patel bought 2,956 shares of Intercede Group stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of GBX 122 per share, with a total value of £3,606.32. Also, insider Klaas van der Leest purchased 2,956 shares of Intercede Group stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of GBX 122 per share, for a total transaction of £3,606.32. 45.76% of the stock is currently owned by company insiders.

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.