Intercede Group (LON:IGP) Releases Quarterly Earnings Results

Intercede Group (LON:IGP) announced its earnings results on Wednesday. The company reported GBX 5.70 earnings per share for the quarter, Digital Look Earnings reports. Intercede Group had a net margin of 20.89% and a return on equity of 21.69%. The firm had revenue of GBX 1,716 million for the quarter.

Intercede Group Stock Performance

Intercede Group stock opened at GBX 115 on Wednesday. Intercede Group has a fifty-two week low of GBX 73 and a fifty-two week high of GBX 195. The stock’s 50 day simple moving average is GBX 108.83 and its two-hundred day simple moving average is GBX 109.73. 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 stock has a market cap of £69.19 million, a price-to-earnings ratio of 19.83 and a beta of 1.62.

Insider Buying and Selling

In other news, insider Klaas van der Leest bought 2,956 shares of the stock in a transaction dated Thursday, May 7th. The stock was bought at an average price of GBX 122 per share, for a total transaction of £3,606.32. Also, insider Nitil Patel purchased 2,956 shares of Intercede Group stock in a transaction that occurred on Thursday, May 7th. The stock was purchased at an average cost of GBX 122 per share, for a total transaction of £3,606.32. Company insiders own 45.76% of the company’s stock.

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.