Intercede Group (LON:IGP) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Intercede Group plc (LON:IGP) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 175.21 ($2.14) and traded as high as GBX 196.97 ($2.41). Intercede Group shares last traded at GBX 193 ($2.36), with a volume of 113,099 shares trading hands.

Intercede Group Stock Up 0.8 %

The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10. The stock has a market cap of £114.17 million, a P/E ratio of 1,945.00 and a beta of 1.36. The company’s 50 day moving average price is GBX 174.63 and its two-hundred day moving average price is GBX 175.21.

About Intercede Group

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.