NCC Group (LON:NCC) Shares Cross Above 200 Day Moving Average – Time to Sell?

Shares of NCC Group plc (LON:NCC) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 148.39 and traded as high as GBX 150. NCC Group shares last traded at GBX 143, with a volume of 582,250 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating and issued a GBX 175 price objective on shares of NCC Group in a research note on Tuesday, October 21st. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, NCC Group has a consensus rating of “Buy” and a consensus target price of GBX 175.

NCC Group Stock Performance

The company has a market capitalization of £436.38 million, a PE ratio of -17.80 and a beta of 0.77. The firm has a 50-day moving average of GBX 146.11 and a two-hundred day moving average of GBX 148.31. The company has a quick ratio of 0.97, a current ratio of 0.74 and a debt-to-equity ratio of 37.15.

About NCC Group

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.