Intercede Group (LON:IGP) Stock Price Down 1% – Here’s What Happened

Intercede Group plc (LON:IGP)’s share price traded down 1% during trading on Tuesday . The stock traded as low as GBX 95.80 and last traded at GBX 96. 12,734 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 85,812 shares. The stock had previously closed at GBX 97.

Intercede Group Price Performance

The company has a debt-to-equity ratio of 6.98, a quick ratio of 2.02 and a current ratio of 2.81. The company’s fifty day simple moving average is GBX 114.90 and its two-hundred day simple moving average is GBX 137.05. The stock has a market capitalization of £57.76 million, a PE ratio of 16.55 and a beta of 1.31.

Intercede Group Company Profile

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.