Intercede Group (LON:IGP) Insider Acquires £190,000 in Stock

Intercede Group plc (LON:IGP) insider Nitil Patel acquired 500,000 shares of the stock in a transaction dated Monday, July 20th. The stock was bought at an average price of GBX 38 per share, for a total transaction of £190,000.

Nitil Patel also recently made the following trade(s):

• On Thursday, May 7th, Nitil Patel bought 2,956 shares of Intercede Group stock. The shares were bought at an average price of GBX 122 per share, with a total value of £3,606.32.

Intercede Group Price Performance

Shares of Intercede Group stock opened at GBX 106.30 on Thursday. The company has a debt-to-equity ratio of 5.69, a current ratio of 2.76 and a quick ratio of 2.02. Intercede Group plc has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 178. The firm has a fifty day moving average price of GBX 111.02 and a two-hundred day moving average price of GBX 106.83. The company has a market cap of £63.95 million, a PE ratio of 19.33 and a beta of 1.62.

Intercede Group (LON:IGP) last posted its quarterly earnings data on Wednesday, June 24th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. The company had revenue of GBX 1,716 million for the quarter. Intercede Group had a net margin of 19.68% and a return on equity of 18.91%. Analysts expect that Intercede Group plc will post 3.7781278 EPS for the current year.

About Intercede Group

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.