Ncino Inc. (NASDAQ: NCNO) is -11.75% lower on its value in year-to-date trading and has touched a low of $21.26 and a high of $37.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NCNO stock was last observed hovering at around $29.94 in the last trading session, with the day’s loss setting it -0.26%.
Currently trading at $29.68, the stock is -9.86% and -4.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.87% at the moment leaves the stock -3.84% off its SMA200. NCNO registered 18.01% gain for a year compared to 6-month gain of 1.33%.
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The stock witnessed a -0.70% loss in the last 1 month and extending the period to 3 months gives it a -13.47%, and is -11.03% 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 4.07% over the week and 3.63% over the month.
Ncino Inc. (NCNO) has around 1653 employees, a market worth around $3.39B and $476.54M in sales. Fwd P/E is 35.11. Profit margin for the company is -8.89%. Distance from 52-week low is 39.60% and -20.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.79%).
The EPS is expected to grow by 25.77% this year
The shares outstanding are 113.68M, and float is at 75.09M with Short Float at 7.45%.
Ncino Inc. (NCNO) Insider Activity
The most recent transaction is an insider sale by RUH WILLIAM J, the company’s Director. SEC filings show that RUH WILLIAM J sold 5,000 shares of the company’s common stock on Apr 09 ’24 at a price of $35.16 per share for a total of $0.18 million. Following the sale, the insider now owns 0.25 million shares.
Ncino Inc. disclosed in a document filed with the SEC on Apr 09 ’24 that Sellers Jeanette (VP of Accounting) sold a total of 563 shares of the company’s common stock. The trade occurred on Apr 09 ’24 and was made at $35.43 per share for $19947.0. Following the transaction, the insider now directly holds 30392.0 shares of the NCNO stock.
Still, SEC filings show that on Apr 08 ’24, Naude Pierre (CEO) disposed off 10,924 shares at an average price of $34.41 for $0.38 million. The insider now directly holds 1,159,395 shares of Ncino Inc. (NCNO).
