NCC Group (LON:NCC) Stock Passes Above 200 Day Moving Average – What’s Next?

NCC Group plc (LON:NCC) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 132.04 and traded as high as GBX 144. NCC Group shares last traded at GBX 142.80, with a volume of 1,924,843 shares trading hands.

Wall Street Analysts Forecast Growth

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

NCC Group Price Performance

The company has a debt-to-equity ratio of 34.83, a quick ratio of 0.97 and a current ratio of 1.90. The company’s fifty day moving average price is GBX 137.25 and its 200 day moving average price is GBX 132.04. The firm has a market capitalization of £398.82 million, a price-to-earnings ratio of 47.67 and a beta of 0.64.

NCC Group (LON:NCC) last released its quarterly earnings data on Thursday, June 11th. The company reported GBX 4.50 earnings per share for the quarter. NCC Group had a net margin of 4.54% and a return on equity of 4.85%. The firm had revenue of £118.40 million for the quarter. Equities research analysts expect that NCC Group plc will post 6.744373 earnings per share for the current year.

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. 2,000 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.