NCC Group (LON:NCC) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Shares of NCC Group plc (LON:NCC) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 148.89 ($1.93) and traded as high as GBX 168.80 ($2.19). NCC Group shares last traded at GBX 162 ($2.10), with a volume of 548,650 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of NCC Group in a research report on Thursday, August 1st.

NCC Group Stock Up 5.3 %

The company has a debt-to-equity ratio of 37.15, a current ratio of 0.75 and a quick ratio of 0.97. The firm has a 50 day simple moving average of GBX 162.94 and a 200-day simple moving average of GBX 148.89. The stock has a market capitalization of £535.45 million, a price-to-earnings ratio of -2,025.00 and a beta of 0.77.

NCC Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 4th. Shareholders of record on Thursday, September 5th were paid a dividend of GBX 3.15 ($0.04) per share. This is a positive change from NCC Group’s previous dividend of $1.50. This represents a yield of 2.13%. The ex-dividend date of this dividend was Thursday, September 5th. NCC Group’s dividend payout ratio is currently -6,250.00%.

Insiders Place Their Bets

In other NCC Group news, insider Guy Ellis sold 10,248 shares of the stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.16), for a total transaction of £17,011.68 ($22,087.35). In other news, insider Guy Ellis sold 10,248 shares of the firm’s stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 166 ($2.16), for a total value of £17,011.68 ($22,087.35). Also, insider Mike Maddison sold 104,707 shares of the firm’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of GBX 168 ($2.18), for a total value of £175,907.76 ($228,392.31). Corporate insiders own 5.57% of the company’s stock.

About NCC Group

NCC Group plc engages in the cyber and software resilience business in the United Kingdom, the Asian-Pacific, North America, and Europe. The company operates in two segments, Cyber Security and Software Resilience. It offers assessment and advisory services, which include risk management, supply chain risk, cloud and infrastructure, application and security software, mobile, managed vulnerability scanning, hardware and embedded systems, and cryptography, as well as calibrator and cyber security review solutions.