Intercede Group plc (LON:IGP) Insider Nitil Patel Acquires 741 Shares

Intercede Group plc (LON:IGP) insider Nitil Patel bought 741 shares of Intercede Group stock in a transaction dated Wednesday, June 25th. The stock was acquired at an average cost of GBX 185 ($2.53) per share, with a total value of £1,370.85 ($1,873.00).

Intercede Group Stock Performance

Shares of Intercede Group stock opened at GBX 187.75 ($2.57) on Thursday. The business’s fifty day simple moving average is GBX 167.47 and its 200 day simple moving average is GBX 165.37. The firm has a market capitalization of £106.30 million, a P/E ratio of 17.58 and a beta of 1.36. Intercede Group plc has a 12 month low of GBX 120.25 ($1.64) and a 12 month high of GBX 216.75 ($2.96). The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10.

Intercede Group (LON:IGP) last issued its quarterly earnings results on Tuesday, June 24th. The company reported GBX 6.90 ($0.09) EPS for the quarter. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%. As a group, analysts anticipate that Intercede Group plc will post 3.7781278 EPS for the current year.

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.