Key Points
- Insider buying: Guy Ellis purchased 107 NCC Group shares at GBX 154 each, investing £164.78. This follows purchases of 124 shares in September and 117 shares in August.
- Stock performance: NCC Group shares opened at GBX 155.20, up 0.4%, with a market capitalization of approximately £240.22 million and a 12-month trading range of GBX 107.20 to GBX 161.60.
- Analyst view: Deutsche Bank maintained a “Hold” rating and a GBX 150 price target; the stock has an overall average rating of “Hold.”
NCC Group plc (LON:NCC - Get Free Report) insider Guy Ellis bought 107 shares of the business's stock in a transaction on Monday, October 19th. The stock was purchased at an average price of GBX 154 per share, for a total transaction of £164.78.
Guy Ellis also recently made the following trade(s):
- On Thursday, September 17th, Guy Ellis bought 124 shares of NCC Group stock. The shares were acquired at an average price of GBX 132 per share, with a total value of £163.68.
- On Monday, August 17th, Guy Ellis acquired 117 shares of NCC Group stock. The stock was bought at an average price of GBX 141 per share, with a total value of £164.97.
NCC Group Stock Up 0.4%
NCC stock opened at GBX 155.20 on Wednesday. The company has a market cap of £240.22 million, a price-to-earnings ratio of 51.73 and a beta of 0.66. NCC Group plc has a twelve month low of GBX 107.20 and a twelve month high of GBX 161.60. The business has a 50 day moving average price of GBX 141.92 and a two-hundred day moving average price of GBX 136.58. The company has a quick ratio of 0.97, a current ratio of 1.90 and a debt-to-equity ratio of 34.83.
NCC Group announced that its Board of Directors has approved a share repurchase plan on Monday, September 7th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 150 price target on shares of NCC Group in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of GBX 150.
Read Our Latest Stock Report on NCC
About NCC Group
(
Get Free Report)
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.
Further Reading
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