Ncc stock news

NCC Group (NCC) is a UK-based cybersecurity and IT services company. Here are some recent news and updates about NCC Group:

Recent News:

  1. Acquisition of Synesis: NCC Group announced the acquisition of Synesis, a UK-based cybersecurity company, in February 2023. The acquisition is expected to enhance NCC Group's capabilities in the areas of threat intelligence and incident response.
  2. Cybersecurity Services Expansion: In January 2023, NCC Group announced the expansion of its cybersecurity services to include managed security services, threat hunting, and incident response. The company aims to help organizations improve their cybersecurity posture and respond to emerging threats.
  3. Partnership with IBM: In December 2022, NCC Group announced a partnership with IBM to provide cybersecurity services to IBM's clients. The partnership aims to help organizations improve their cybersecurity posture and respond to emerging threats.
  4. Financial Results: NCC Group reported its financial results for the year ended December 31, 2022, in February 2023. The company reported revenue growth of 14% to £444.4 million and adjusted operating profit growth of 15% to £64.1 million.

Analyst Views:

  1. Buy Rating: Analysts at Peel Hunt have a "buy" rating on NCC Group, citing the company's strong financial performance and growth prospects.
  2. Hold Rating: Analysts at Liberum have a "hold" rating on NCC Group, citing the company's valuation and concerns about the competitive landscape in the cybersecurity industry.

Stock Performance:

  1. Share Price: NCC Group's share price has been relatively stable in recent months, trading around £2.50-£3.00 per share.
  2. Market Capitalization: NCC Group's market capitalization is around £1.2 billion.

Key Statistics:

  1. Revenue: NCC Group's revenue for the year ended December 31, 2022, was £444.4 million.
  2. Adjusted Operating Profit: NCC Group's adjusted operating profit for the year ended December 31, 2022, was £64.1 million.
  3. Net Debt: NCC Group's net debt as of December 31, 2022, was £143.4 million.

Please note that the information provided is subject to change and may not be up-to-date. It is always a good idea to check the company's website or financial news sources for the latest information on NCC Group's stock performance and news.