NCC Group (LON:NCC) Stock Crosses Above 200-Day Moving Average – Here’s Why

NCC Group plc (LON:NCCGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 131.86 and traded as high as GBX 144.80. NCC Group shares last traded at GBX 144, with a volume of 21,824,443 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 150 price target on shares of NCC Group in a report on Friday, June 26th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, NCC Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 162.50.

View Our Latest Stock Report on NCC Group

NCC Group Price Performance

The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 34.83. The firm has a market cap of £393.80 million, a PE ratio of 47.07 and a beta of 0.64. The stock has a 50 day simple moving average of GBX 137.21 and a 200-day simple moving average of GBX 131.88.

NCC Group (LON:NCCGet Free Report) last posted its quarterly earnings results on Thursday, June 11th. The company reported GBX 4.50 EPS for the quarter. NCC Group had a return on equity of 4.85% and a net margin of 4.54%.The business had revenue of £118.40 million for the quarter. Equities analysts anticipate that NCC Group plc will post 6.744373 earnings per share for the current fiscal year.

NCC Group Company Profile

(Get Free Report)

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. 2,000 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. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.

Further Reading

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