National Cinemedia Inc (NASDAQ: NCMI) is 7.49% higher on its value in year-to-date trading and has touched a low of $1.80 and a high of $5.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NCMI stock was last observed hovering at around $4.60 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $4.45, the stock is -13.88% and -0.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -3.26% at the moment leaves the stock 7.44% off its SMA200. NCMI registered 18.67% gain for a year compared to 6-month gain of 16.49%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 5.45% loss in the last 1 month and extending the period to 3 months gives it a 5.95%, and is -10.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.68% over the week and 6.12% over the month.
National Cinemedia Inc (NCMI) has around 292 employees, a market worth around $431.74M and $165.30M in sales. Current P/E ratio is 0.75 and Fwd P/E is 27.81. Profit margin for the company is 426.68%. Distance from 52-week low is 147.22% and -22.61% from its 52-week high. The company has generated returns on investments over the last 12 months (156.91%).
The EPS is expected to shrink by -99.81% this year
The shares outstanding are 96.84M, and float is at 64.11M with Short Float at 6.25%.
National Cinemedia Inc (NCMI) Insider Activity
The most recent transaction is an insider sale by Felenstein Scott D, the company’s President – Sales & Marketing. SEC filings show that Felenstein Scott D sold 4,126 shares of the company’s common stock on Feb 26 ’24 at a price of $4.26 per share for a total of $17564.0. Following the sale, the insider now owns 35301.0 shares.
National Cinemedia Inc disclosed in a document filed with the SEC on Feb 26 ’24 that Woods Maria VG (EVP, General Counsel) sold a total of 1,517 shares of the company’s common stock. The trade occurred on Feb 26 ’24 and was made at $4.26 per share for $6458.0. Following the transaction, the insider now directly holds 12100.0 shares of the NCMI stock.
Still, SEC filings show that on Feb 26 ’24, Ng Ronnie Y. (Chief Financial Officer) disposed off 1,275 shares at an average price of $4.26 for $5428.0. The insider now directly holds 11,788 shares of National Cinemedia Inc (NCMI).
