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

Intercede Group plc (LON:IGP)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 100.04 and last traded at GBX 102, with a volume of 32670 shares changing hands. The stock had previously closed at GBX 109.

Intercede Group Stock Performance

The company has a debt-to-equity ratio of 6.98, a quick ratio of 2.02 and a current ratio of 2.81. The stock’s 50-day simple moving average is GBX 120.21 and its two-hundred day simple moving average is GBX 142.10. The stock has a market cap of £61.37 million, a price-to-earnings ratio of 17.59 and a beta of 1.35.

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.