Intercede Group (LON:IGP) Stock Price Passes Below Two Hundred Day Moving Average - Should You Sell?

Intercede Group plc (LON:IGP - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 167.76 ($2.10) and traded as low as GBX 163 ($2.04). Intercede Group shares last traded at GBX 167.90 ($2.10), with a volume of 221,683 shares changing hands.

Intercede Group Stock Performance

The company has a market cap of £99.27 million, a price-to-earnings ratio of 1,691.20 and a beta of 1.36. The company has a debt-to-equity ratio of 6.10, a quick ratio of 2.02 and a current ratio of 1.95. The company has a fifty day moving average of GBX 173.74 and a two-hundred day moving average of GBX 167.76.

Insider Activity

In related news, insider Nitil Patel acquired 1,504 shares of the firm's stock in a transaction that occurred on Friday, October 11th. The stock was acquired at an average cost of GBX 162 ($2.03) per share, for a total transaction of £2,436.48 ($3,054.38). Insiders own 56.57% of the company's stock.

About Intercede Group

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.