Neo Concept International Group Holdings Ltd (NASDAQ: NCI) is -28.79% lower on its value in year-to-date trading and has touched a low of $1.40 and a high of $9.00 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 NCI stock was last observed hovering at around $2.00 in the last trading session, with the day’s gains setting it 0.35%.
Currently trading at $2.35, the stock is 24.36% and 23.98% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing 17.50% at the moment leaves the stock -10.29% off its SMA200. NCI registered -42.75% loss for a year compared to 6-month loss of -9.62%.
The stock witnessed a 37.87% gain in the last 1 month and extending the period to 3 months gives it a 10.07%, and is 17.50% up 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 9.23% over the week and 8.84% over the month.
Current P/E ratio is 46.17. Profit margin for the company is 3.42%. Distance from 52-week low is 67.86% and -73.89% from its 52-week high. The company has generated returns on investments over the last 12 months (8.42%).
The shares outstanding are 17.32M, and float is at 5.18M with Short Float at 0.04%.
