Intercede Group (LON:IGP) Sets New 12-Month Low – Time to Sell?

Intercede Group plc (LON:IGP) shares 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 trading hands. The stock had previously closed at GBX 109.

Intercede Group Stock Performance

The company has a quick ratio of 2.02, a current ratio of 2.81 and a debt-to-equity ratio of 6.98. The firm has a 50-day moving average of GBX 119.36 and a 200 day moving average of GBX 141.34. The stock has a market capitalization of £59.26 million, a P/E ratio of 16.98 and a beta of 1.35.

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.