Intercede Group (LON:IGP) Reaches New 12-Month High – What’s Next?

Intercede Group plc (LON:IGP)’s share price hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as GBX 149 and last traded at GBX 145.55, with a volume of 51,340 shares traded. The stock had previously closed at GBX 141.

Intercede Group Stock Performance

The firm has a market capitalization of £88.80 million, a PE ratio of 26.46 and a beta of 1.55. The company has a debt-to-equity ratio of 5.69, a current ratio of 2.76 and a quick ratio of 2.02. The firm has a fifty day moving average price of GBX 126.60 and a 200 day moving average price of GBX 111.50.

Insider Transactions at Intercede Group

In related news, insider Daniel O’Brien acquired 22,070 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were purchased at an average price of GBX 120 per share, for a total transaction of £26,484. Insiders own 46.23% of the company’s stock.

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.