NCC Group (LON:NCC) Releases Quarterly Earnings Results

NCC Group (LON:NCC) issued its quarterly earnings results on Monday. The company reported GBX 4.70 earnings per share (EPS) for the quarter, Digital Look Earnings reports. NCC Group had a negative return on equity of 9.97% and a negative net margin of 7.68%.

NCC Group Trading Up 1.2%

Shares of NCC stock opened at GBX 134 on Tuesday. NCC Group has a twelve month low of GBX 124 and a twelve month high of GBX 168.20. The stock’s fifty day simple moving average is GBX 138.05 and its 200 day simple moving average is GBX 143.13. The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15. The firm has a market capitalization of £408.10 million, a P/E ratio of 24.36 and a beta of 0.77.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reissued a “buy” rating and set a GBX 175 target price on shares of NCC Group in a research note on Tuesday, October 21st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, NCC Group has an average rating of “Buy” and a consensus price target of GBX 175.

Insider Transactions at NCC Group

In other news, insider Christopher M. R. Stone acquired 81,656 shares of the stock in a transaction dated Monday, January 26th. The stock was bought at an average price of GBX 140 per share, with a total value of £114,318.40. Also, insider Mike Maddison sold 41,168 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of GBX 142, for a total transaction of £58,458.56. In the last ninety days, insiders purchased 154,098 shares of company stock valued at $21,464,314 and sold 51,395 shares valued at $7,255,296. Company insiders own 2.82% of the company’s stock.

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, 2,200 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.