National Cinemedia Inc (NASDAQ: NCMI) is 60.63% higher on its value in year-to-date trading and has touched a low of $3.51 and a high of $7.25 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 $6.67 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $6.65, the stock is -3.23% and 1.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing -0.30% at the moment leaves the stock 31.46% off its SMA200. NCMI registered 61.80% gain for a year compared to 6-month gain of 24.30%. The firm has a 50-day simple moving average (SMA 50) of $6.5794 and a 200-day simple moving average (SMA200) of $5.07205.
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The stock witnessed a -3.20% loss in the last 1 month and extending the period to 3 months gives it a 45.51%, and is -7.64% 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 4.21% over the week and 3.56% over the month.
National Cinemedia Inc (NCMI) has around 292 employees, a market worth around $633.88M and $207.70M in sales. Current P/E ratio is 2.47 and Fwd P/E is 24.33. Profit margin for the company is 78.05%. Distance from 52-week low is 89.46% and -8.28% from its 52-week high. The company has generated returns on investments over the last 12 months (39.59%).
with sales reaching $57.7M over the same period.The EPS is expected to shrink by -102.09% this year, but quarterly earnings will post 47.00% year-over-year. Quarterly sales are estimated to grow 133.60% in year-over-year returns.
National Cinemedia Inc (NCMI) Top Institutional Holders
117.0 institutions hold shares in National Cinemedia Inc (NCMI), with institutional investors hold 85.19% of the company’s shares. The shares outstanding are 96.84M, and float is at 62.23M with Short Float at 8.97%. Institutions hold 80.98% of the Float.
The top institutional shareholder in the company is BYRNE ASSET MANAGEMENT LLC with over 5230.0 shares valued at $22228.0. The investor’s holdings represent 0.0054% of the NCMI Shares outstanding.
National Cinemedia Inc (NCMI) Insider Activity
The most recent transaction is an insider sale by Ng Ronnie Y., the company’s Chief Financial Officer. SEC filings show that Ng Ronnie Y. sold 283 shares of the company’s common stock on Sep 27 ’24 at a price of $7.16 per share for a total of $2026.0. Following the sale, the insider now owns 12245.0 shares.
National Cinemedia Inc disclosed in a document filed with the SEC on Sep 01 ’24 that Woods Maria VG (EVP – General Counsel) sold a total of 510 shares of the company’s common stock. The trade occurred on Sep 01 ’24 and was made at $6.77 per share for $3453.0. Following the transaction, the insider now directly holds 13229.0 shares of the NCMI stock.
Still, SEC filings show that on Aug 04 ’24, Lesinski Thomas F. (Chief Executive Officer) disposed off 4,388 shares at an average price of $5.24 for $22993.0. The insider now directly holds 86,821 shares of National Cinemedia Inc (NCMI).
