Peel Hunt Reaffirms Buy Rating for NCC Group (LON:NCC)

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Peel Hunt reaffirmed their buy rating on shares of NCC Group (LON:NCC) in a report issued on Thursday, January 24th.

Separately, Shore Capital restated a buy rating on shares of NCC Group in a report on Thursday, January 24th.

Shares of NCC stock traded down GBX 2.60 ($0.03) during mid-day trading on Thursday, reaching GBX 129.40 ($1.69). The stock had a trading volume of 5,063,694 shares, compared to its average volume of 321,427. NCC Group has a 52-week low of GBX 109.75 ($1.43) and a 52-week high of GBX 239.25 ($3.13).

The firm also recently declared a dividend, which will be paid on Thursday, February 28th. Shareholders of record on Thursday, February 7th will be given a GBX 1.50 ($0.02) dividend. The ex-dividend date is Thursday, February 7th. This represents a yield of 1.18%.

In other news, insider Jonathan Brooks acquired 20,000 shares of NCC Group stock in a transaction dated Monday, January 28th. The stock was purchased at an average cost of GBX 127 ($1.66) per share, with a total value of £25,400 ($33,189.60). Also, insider Adam Palser acquired 22,927 shares of NCC Group stock in a transaction dated Friday, January 25th. The stock was purchased at an average cost of GBX 131 ($1.71) per share, with a total value of £30,034.37 ($39,245.22).

NCC Group Company Profile

NCC Group plc provides cyber security and risk mitigation services in the United Kingdom, the United States, Europe, and internationally. The company operates through two segments, Escrow and Assurance. It offers software escrow solutions that include escrow agreements, software verification, secure verification, software as a service assured, Internet corporation for assigned names and numbers compliance, and software risk assessment solutions.

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