NIC Inc. (EGOV) volume hits 6.97 million: A New Opening for Investors

NIC Inc. (NASDAQ: EGOV) open the trading on February 10, 2021, with great promise as it jumped 15.67% to $34.48. During the day, the stock rose to $34.8498 and sunk to $34.03 before settling in for the price of $29.81 at the close. Taking a more long-term approach, EGOV posted a 52-week range of $15.49-$30.81.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 5.40%. Meanwhile, its Annual Earning per share during the time was 4.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -14.50%. This publicly-traded company’s shares outstanding now amounts to $67.03 million, simultaneously with a float of $64.92 million. The organization now has a market capitalization sitting at $2.37 billion. At the time of writing, stock’s 50-day Moving Average stood at $26.68, while the 200-day Moving Average is $23.46.

While finding the extent of efficiency of the company that is accounted for 1000 employees. It has generated 354,205 per worker during the last fiscal year. Meanwhile, its income per employee was 49,884. The stock had 4.26 Receivables turnover and 1.04 Total Asset turnover. For the Profitability, stocks gross margin was +35.14, operating margin was +17.62 and Pretax Margin of +18.33.

NIC Inc. (EGOV) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Software – Application industry. NIC Inc.’s current insider ownership accounts for 2.90%, in contrast to 92.50% institutional ownership. According to the most recent insider trade that took place on Jan 04, this organization’s Director sold 2,000 shares at the rate of 25.72, making the entire transaction reach 51,449 in total value, affecting insider ownership by 26,957. Preceding that transaction, on Sep 01, Company’s Director sold 2,000 for 21.53, making the whole transaction’s value amount to 43,051. This particular insider is now the holder of 28,957 in total.

NIC Inc. (EGOV) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 9/29/2020 suggests? It has posted $0.37 earnings per share (EPS) beating the forecaster’s viewpoint (set at $0.21) by $0.16. This company achieved a net margin of +14.08 while generating a return on equity of 21.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.22 per share during the current fiscal year.

NIC Inc.’s EPS decrease for this current 12-month fiscal period is -14.50% and is forecasted to reach 1.01 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 4.70% growth it accomplished over the previous five years trading on the market.

NIC Inc. (NASDAQ: EGOV) Trading Performance Indicators

Let’s observe the current performance indicators for NIC Inc. (EGOV). It’s Quick Ratio in the last reported quarter now stands at 2.60. The Stock has managed to achieve an average true range (ATR) of 1.17. Alongside those numbers, its PE Ratio stands at $38.48, and its Beta score is 0.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.83. Similarly, its price to free cash flow for trailing twelve months is now 60.43.


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In the same vein, EGOV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.90, a figure that is expected to reach 0.25 in the next quarter, and analysts are predicting that it will be 1.01 at the market close of one year from today.

Technical Analysis of NIC Inc. (EGOV)

[NIC Inc., EGOV] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 93.47% While, its Average True Range was 1.36.

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Raw Stochastic average of NIC Inc. (EGOV) in the period of the previous 100 days is set at 97.63%, which indicates a major rise in contrast to 95.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 67.76% that was higher than 35.64% volatility it exhibited in the past 100-days period.

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