Intercede Group (LON:IGP) Releases Quarterly Earnings Results

Intercede Group (LON:IGP) posted its quarterly earnings results on Monday. The company reported GBX 0.40 ($0.01) EPS for the quarter, Digital Look Earnings reports.

Shares of IGP opened at GBX 37 ($0.48) on Wednesday. The firm has a market cap of $18.69 million and a P/E ratio of 41.11. Intercede Group has a 12-month low of GBX 14.50 ($0.19) and a 12-month high of GBX 41.70 ($0.54). The company’s 50-day moving average price is GBX 33.81 and its 200 day moving average price is GBX 34.16.

In related news, insider Jacques Tredoux acquired 1,668,880 shares of Intercede Group stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of GBX 30 ($0.39) per share, for a total transaction of £500,664 ($654,206.19).

Separately, FinnCap reiterated a “corporate” rating on shares of Intercede Group in a report on Monday.

Intercede Group Company Profile

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.

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