Intercede Group (LON:IGP) Insider Nitil Patel Purchases 500,000 Shares

Intercede Group plc (LON:IGP – Get Free Report) insider Nitil Patel purchased 500,000 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were bought at an average cost of GBX 38 per share, with a total value of £190,000.

Nitil Patel also recently made the following trade(s):

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• On Thursday, May 7th, Nitil Patel purchased 2,956 shares of Intercede Group stock. The stock was bought at an average price of GBX 122 per share, with a total value of £3,606.32.

Intercede Group Trading Down 5.5%

IGP opened at GBX 106.21 on Tuesday. The stock has a market capitalization of £63.90 million, a PE ratio of 19.31 and a beta of 1.62. The firm’s fifty day moving average price is GBX 111.02 and its 200 day moving average price is GBX 107.04. The company has a debt-to-equity ratio of 5.69, a current ratio of 2.76 and a quick ratio of 2.02. Intercede Group plc has a 12-month low of GBX 73 and a 12-month high of GBX 178.

Intercede Group (LON:IGP – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The company reported GBX 5.70 earnings per share for the quarter. The company had revenue of GBX 1,716 million during the quarter. Intercede Group had a net margin of 19.68% and a return on equity of 18.91%. As a group, research analysts expect that Intercede Group plc will post 3.7781278 EPS for the current fiscal year.

About Intercede Group

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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.

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