NCC Group (LON:NCC) Shares Pass Above Two Hundred Day Moving Average of $157.50

NCC Group PLC (LON:NCC) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $157.50 and traded as high as $181.40. NCC Group shares last traded at $179.92, with a volume of 320,692 shares traded.

A number of equities analysts have recently weighed in on the stock. Berenberg Bank upped their price target on shares of NCC Group from GBX 180 ($2.35) to GBX 220 ($2.87) and gave the stock a “buy” rating in a research note on Tuesday, July 30th. Shore Capital reaffirmed a “buy” rating on shares of NCC Group in a research note on Thursday, July 25th. Finally, Peel Hunt reaffirmed a “buy” rating on shares of NCC Group in a research note on Monday, August 5th.

The company has a quick ratio of 1.29, a current ratio of 1.30 and a debt-to-equity ratio of 26.14. The firm has a market capitalization of $508.52 million and a price-to-earnings ratio of 38.13. The stock’s 50 day moving average price is GBX 175.92 and its two-hundred day moving average price is GBX 158.02.

The business also recently declared a dividend, which will be paid on Friday, October 4th. Stockholders of record on Thursday, September 5th will be paid a GBX 3.15 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, September 5th. This is an increase from NCC Group’s previous dividend of $1.50. This represents a dividend yield of 1.83%. NCC Group’s dividend payout ratio is 1.04%.

NCC Group Company Profile (LON:NCC)

NCC Group plc provides cyber security and risk mitigation services in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Escrow and Assurance. It offers software escrow solutions that include escrow agreements, software verification, secure verification, software as a service assured, Internet corporation for assigned names and numbers compliance, and software risk assessment solutions.

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