NCC Group (LON:NCC) Trading 0.1% Higher – Still a Buy?

NCC Group plc (LON:NCC)’s share price traded up 0.1% during trading on Monday . The stock traded as high as GBX 166.40 ($2.12) and last traded at GBX 162.40 ($2.07). 464,444 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 821,326 shares. The stock had previously closed at GBX 162.20 ($2.07).

Analyst Upgrades and Downgrades

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

NCC Group Price Performance

The company has a debt-to-equity ratio of 37.15, a current ratio of 0.75 and a quick ratio of 0.97. The stock has a market capitalization of £421.20 million, a P/E ratio of -1,677.50 and a beta of 0.77. The stock’s fifty day moving average is GBX 159.81 and its 200-day moving average is GBX 155.62.

NCC Group Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, February 20th will be given 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 dividend payout ratio is -6,250.00%.

Insider Activity

In related news, insider Mike Maddison sold 104,707 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of GBX 168 ($2.14), for a total value of £175,907.76 ($224,400.77). Also, insider Guy Ellis sold 10,248 shares of NCC Group stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.12), for a total transaction of £17,011.68 ($21,701.34). 5.57% of the stock is currently owned by company insiders.

NCC Group Company Profile

NCC Group plc engages in the cyber and software resilience business in the United Kingdom, the Asian-Pacific, North America, and Europe. The company operates in two segments, Cyber Security and Software Resilience. It offers assessment and advisory services, which include risk management, supply chain risk, cloud and infrastructure, application and security software, mobile, managed vulnerability scanning, hardware and embedded systems, and cryptography, as well as calibrator and cyber security review solutions.