Intercede Group (LON:IGP) Reaches New 1-Year Low – What’s Next?

Intercede Group plc (LON:IGP) hit a new 52-week low on Wednesday . The stock traded as low as GBX 110 and last traded at GBX 111, with a volume of 102645 shares trading hands. The stock had previously closed at GBX 116.

Intercede Group Stock Down 4.3%

The company has a debt-to-equity ratio of 6.10, a current ratio of 1.95 and a quick ratio of 2.02. The stock has a fifty day moving average price of GBX 121.52 and a two-hundred day moving average price of GBX 143.75. The company has a market cap of £66.78 million, a P/E ratio of 19.14 and a beta of 1.36.

Intercede Group (LON:IGP) last announced its quarterly earnings results on Tuesday, November 25th. The company reported GBX 2.20 earnings per share (EPS) for the quarter. Intercede Group had a return on equity of 55.13% and a net margin of 30.17%. On average, research analysts expect 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.