Intercede Group (LON:IGP) Reaches New 1-Year Low – What’s Next?

Intercede Group plc (LON:IGP)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 110 and last traded at GBX 111, with a volume of 102645 shares changing hands. The stock had previously closed at GBX 116.

Intercede Group Price Performance

The business has a 50-day moving average price of GBX 121.52 and a two-hundred day moving average price of GBX 143.75. The company has a quick ratio of 2.02, a current ratio of 1.95 and a debt-to-equity ratio of 6.10. The company has a market capitalization of £66.78 million, a price-to-earnings ratio of 19.14 and a beta of 1.36.

Intercede Group (LON:IGP) last posted its quarterly earnings results on Tuesday, November 25th. The company reported GBX 2.20 earnings per share (EPS) for the quarter. Intercede Group had a net margin of 30.17% and a return on equity of 55.13%. As a group, research analysts anticipate that Intercede Group plc will post 3.7781278 EPS for the current year.

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.