NCC Group (LON:NCC) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

NCC Group plc (LON:NCC) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 131.46 and traded as high as GBX 142.20. NCC Group shares last traded at GBX 140.80, with a volume of 907,322 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 150 price target on shares of NCC Group in a research note on Friday, June 26th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 162.50.

NCC Group Trading Up 0.5%

The firm has a market capitalization of £399.86 million, a P/E ratio of 47.79 and a beta of 0.64. The business’s 50-day moving average is GBX 135.96 and its 200 day moving average is GBX 131.47. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97.

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

NCC Group Company Profile

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.