Intercede Group (LON:IGP) Posts Earnings Results

Intercede Group (LON:IGP) posted its earnings results on Tuesday. The company reported GBX 6.90 ($0.09) earnings per share for the quarter, Digital Look Earnings reports. Intercede Group had a net margin of 30.17% and a return on equity of 55.13%.

Intercede Group Stock Up 3.3%

Shares of LON IGP opened at GBX 190 ($2.60) on Thursday. The stock has a fifty day moving average price of GBX 167.47 and a 200 day moving average price of GBX 165.37. The company has a current ratio of 1.95, a quick ratio of 2.02 and a debt-to-equity ratio of 6.10. Intercede Group has a 12-month low of GBX 120.25 ($1.64) and a 12-month high of GBX 216.75 ($2.96). The company has a market cap of £107.57 million, a P/E ratio of 17.79 and a beta of 1.36.

Insiders Place Their Bets

In other news, insider Klaas van der Leest bought 12,450 shares of the firm’s stock in a transaction dated Tuesday, June 24th. The stock was acquired at an average cost of GBX 178 ($2.43) per share, for a total transaction of £22,161 ($30,278.73). Also, insider Nitil Patel purchased 741 shares of the stock in a transaction that occurred on Wednesday, June 25th. The shares were purchased at an average cost of GBX 185 ($2.53) per share, with a total value of £1,370.85 ($1,873.00). Insiders have purchased a total of 18,191 shares of company stock worth $3,248,185 over the last quarter. 56.57% of the stock is owned by corporate insiders.

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.