Insider Buying: Intercede Group (LON:IGP) Insider Acquires £199,992 in Stock

Intercede Group plc (LON:IGP) insider Royston Hoggarth acquired 128,200 shares of the business’s stock in a transaction that occurred on Thursday, October 9th. The shares were purchased at an average cost of GBX 156 per share, for a total transaction of £199,992.

Intercede Group Stock Performance

Shares of IGP stock opened at GBX 160 on Monday. The company has a market capitalization of £94.90 million, a price-to-earnings ratio of 2,461.54 and a beta of 1.36. The company has a debt-to-equity ratio of 6.10, a quick ratio of 2.02 and a current ratio of 1.95. The company’s 50-day moving average is GBX 170.02 and its 200 day moving average is GBX 166.38. Intercede Group plc has a one year low of GBX 120.25 and a one year high of GBX 204.

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.