NCC Group (LON:NCC) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

NCC Group plc (LON:NCC) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 132.04 and traded as high as GBX 144. NCC Group shares last traded at GBX 142.80, with a volume of 1,924,843 shares traded.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 150 price target on shares of NCC Group in a report on Friday, June 26th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 162.50.

NCC Group Trading Up 0.1%

The firm’s 50-day simple moving average is GBX 137.25 and its 200 day simple moving average is GBX 132.04. The stock has a market cap of £398.82 million, a P/E ratio of 47.67 and a beta of 0.64. The company has a current ratio of 1.90, a quick ratio of 0.97 and a debt-to-equity ratio of 34.83.

NCC Group (LON:NCC) last released its quarterly earnings results on Thursday, June 11th. The company reported GBX 4.50 earnings per share for the quarter. The company had revenue of £118.40 million for the quarter. NCC Group had a return on equity of 4.85% and a net margin of 4.54%. As a group, equities research analysts anticipate that NCC Group plc will post 6.744373 earnings per share for the current year.

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. 2,000 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.