Insider Buying: Intercede Group (LON:IGP) Insider Buys £3,978 in Stock

Intercede Group plc (LON:IGP) insider Nitil Patel purchased 2,600 shares of the business’s stock in a transaction on Thursday, October 9th. The shares were acquired at an average cost of GBX 153 per share, with a total value of £3,978.

Intercede Group Trading Up 0.6%

Shares of Intercede Group stock opened at GBX 160 on Friday. The business has a fifty day simple moving average of GBX 170.02 and a two-hundred day simple moving average of GBX 166.22. Intercede Group plc has a 1 year low of GBX 120.25 and a 1 year high of GBX 204. 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 current ratio of 1.95 and a quick ratio of 2.02.

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.