FinnCap Reaffirms “Corporate” Rating for Intercede Group (LON:IGP)

FinnCap reiterated their corporate rating on shares of Intercede Group (LON:IGP) in a research report released on Thursday morning, ThisIsMoney.Co.Uk reports.

Shares of IGP stock opened at GBX 85.50 ($1.05) on Thursday. Intercede Group has a 1 year low of GBX 0.70 ($0.01) and a 1 year high of GBX 80 ($0.98). The firm has a fifty day moving average price of GBX 71.25 and a 200-day moving average price of GBX 58.66. The company has a market cap of $43.20 million and a price-to-earnings ratio of 45.00.

In other Intercede Group news, insider Andrew John Walker acquired 5,902 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was purchased at an average price of GBX 61 ($0.75) per share, with a total value of £3,600.22 ($4,430.49).

About Intercede Group

Intercede Group plc, together with its subsidiaries, develops and supplies identity and credential management software in the United Kingdom, rest of Europe, North America, and internationally. It offers MyID, which enables enterprises to replace employee passwords with secure and digital identities on smart cards, virtual smart cards, and mobile devices, as well as provides protection against the number one cause of data breaches-weak or compromised user credentials; MyID services for employees, a cloud based credential management system that enables organizations to replace passwords with trusted digital identities; and MyID for WordPress, an authentication service for mobile apps and cloud services that enables administrators and subscribers to login to Websites and blogs without cumbersome and insecure usernames and passwords.

Further Reading: CBOE Russell 2000® Volatility Index

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