NCC Group (LON:NCC) Share Price Passes Above 200 Day Moving Average – Time to Sell?

NCC Group plc (LON:NCC) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 147.66 and traded as high as GBX 149.40. NCC Group shares last traded at GBX 147.40, with a volume of 468,432 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating and issued a GBX 175 price target on shares of NCC Group in a report on Tuesday, October 21st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 175.

NCC Group Stock Up 0.3%

The firm has a fifty day simple moving average of GBX 146.33 and a 200-day simple moving average of GBX 147.66. The company has a market capitalization of £452.62 million, a P/E ratio of -18.46 and a beta of 0.77. The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15.

NCC Group Company Profile

NCC Group is a people-powered, tech-enabled global cyber security and software escrow business.

Driven by a collective purpose to create a more secure digital future, c, 2,200 colleagues across Europe, North America, and Asia Pacific harness their collective insight, intelligence, and innovation to deliver cyber resilience solutions for both public and private sector clients globally.