Intercede Group (LON:IGP) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Intercede Group plc (LON:IGP) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 170.10 ($2.24) and traded as low as GBX 152 ($2.00). Intercede Group shares last traded at GBX 155.50 ($2.05), with a volume of 32,898 shares changing hands.

Intercede Group Trading Down 0.2 %

The firm has a market cap of £88.04 million, a PE ratio of 14.56 and a beta of 1.36. The firm has a fifty day simple moving average of GBX 150.70 and a two-hundred day simple moving average of GBX 170.10. The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10.

Insider Buying and Selling

In related news, insider Klaas van der Leest purchased 33,750 shares of Intercede Group stock in a transaction that occurred on Wednesday, March 12th. The shares were bought at an average price of GBX 148 ($1.95) per share, for a total transaction of £49,950 ($65,862.34). 56.57% of the stock is currently owned by insiders.

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.