NCC Group (LON:NCC – Get Free Report) announced that its Board of Directors has approved a share repurchase program on Monday, September 7th, RTT News reports. The company plans to buyback 0 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.
NCC Group Trading Down 6.7%
Shares of NCC stock opened at GBX 125.40 on Thursday. The firm has a market cap of £346.29 million, a P/E ratio of 41.80 and a beta of 0.66. NCC Group has a 1-year low of GBX 107.20 and a 1-year high of GBX 161.60. The company has a debt-to-equity ratio of 34.83, a current ratio of 1.90 and a quick ratio of 0.97. The firm’s 50-day simple moving average is GBX 140.29 and its 200-day simple moving average is GBX 132.73.
NCC Group (LON:NCC – Get Free Report) last released its earnings results on Thursday, June 11th. The company reported GBX 4.50 earnings per share (EPS) for the quarter. The firm had revenue of £118.40 million during the quarter. NCC Group had a net margin of 4.54% and a return on equity of 4.85%. As a group, equities analysts forecast that NCC Group will post 6.744373 EPS for the current year.
Wall Street Analysts Forecast Growth
Get Our Latest Analysis on NCC
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. 2,000 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. With decades of experience and a rich heritage,
NCC Group is committed to developing sustainable solutions that continue to meet client’s current and future cyber security challenges.
Recommended Stories
- Five stocks we like better than NCC Group
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for NCC Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCC Group and related companies with MarketBeat.com's FREE daily email newsletter.
