Intercede Group (LON:IGP) Reaches New 12-Month High – What’s Next?

Intercede Group plc (LON:IGP) hit a new 52-week high on Wednesday. The company traded as high as GBX 149 and last traded at GBX 145.55, with a volume of 51,340 shares changing hands. The stock had previously closed at GBX 141.

Intercede Group Stock Performance

The company has a current ratio of 2.76, a quick ratio of 2.02 and a debt-to-equity ratio of 5.69. The company’s 50-day moving average price is GBX 126.60 and its two-hundred day moving average price is GBX 111.50. The company has a market cap of £88.80 million, a P/E ratio of 26.46 and a beta of 1.55.

Insider Transactions at Intercede Group

In other Intercede Group news, insider Daniel O’Brien purchased 22,070 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were purchased at an average price of GBX 120 per share, for a total transaction of £26,484. Company insiders own 46.23% of the company’s stock.

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.