NCC Group (LON:NCC) Share Price Passes Below 200-Day Moving Average - Time to Sell?

Shares of NCC Group plc (LON:NCC - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 156.16 ($1.95) and traded as low as GBX 144.40 ($1.81). NCC Group shares last traded at GBX 144.40 ($1.81), with a volume of 343,352 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of NCC Group in a report on Tuesday, December 10th.

NCC Group Trading Down 1.2 %

The firm's 50 day moving average is GBX 152.74 and its 200 day moving average is GBX 156.07. The firm has a market capitalization of £447.56 million, a price-to-earnings ratio of -1,782.50 and a beta of 0.77. The company has a quick ratio of 0.97, a current ratio of 0.75 and a debt-to-equity ratio of 37.15.

NCC Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, April 4th. Stockholders of record on Thursday, February 20th will be issued a dividend of GBX 1.50 ($0.02) per share. This represents a dividend yield of 0.92%. The ex-dividend date is Thursday, February 20th. NCC Group's dividend payout ratio is -6,250.00%.

Insiders Place Their Bets

In other NCC Group news, insider Mike Maddison purchased 18,187 shares of the stock in a transaction dated Thursday, December 12th. The shares were acquired at an average price of GBX 136 ($1.70) per share, for a total transaction of £24,734.32 ($30,944.98). Also, insider Guy Ellis sold 10,248 shares of NCC Group stock in a transaction dated Friday, October 11th. The shares were sold at an average price of GBX 166 ($2.08), for a total value of £17,011.68 ($21,283.22). In the last quarter, insiders have purchased 18,332 shares of company stock worth $2,495,991. Company insiders own 5.57% of the company's stock.

NCC Group Company Profile

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.