Ncino Inc. (NCNO) volume exceeds 1.23 million: A new investment opportunity for investors

A new trading day began on Tuesday, with Ncino Inc. (NASDAQ: NCNO) stock price down -0.82% from the previous day of trading, before settling in for the closing price of $30.43. NCNO’s price has ranged from $21.26 to $35.83 over the past 52 weeks.

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Technology Sector giant saw their annual sales surged by 45.49% over the last five years. Meanwhile, its annual earnings per share averaged 13.67%. With a float of $64.38 million, this company’s outstanding shares have now reached $111.42 million.

The firm has a total of 1791 workers. Let’s measure their productivity.

Ncino Inc. (NCNO) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Ncino Inc. is 43.09%, while institutional ownership is 56.42%. The most recent insider transaction that took place on Feb 07 ’24, was worth 27,875. In this transaction VP of Accounting of this company sold 894 shares at a rate of $31.18, taking the stock ownership to the 20,770 shares. Before that another transaction happened on Feb 06 ’24, when Company’s CEO sold 5,526 for $31.00, making the entire transaction worth $171,295. This insider now owns 1,013,015 shares in total.

Ncino Inc. (NCNO) Recent Fiscal highlights

In its latest quarterly report, released on 10/30/2023, the company reported earnings of $0.14 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.67% per share during the next fiscal year.

Ncino Inc. (NASDAQ: NCNO) Trading Performance Indicators

Here are Ncino Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.39. Likewise, its price to free cash flow for the trailing twelve months is 177.55.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.81 in one year’s time.

Technical Analysis of Ncino Inc. (NCNO)

Analysing the last 5-days average volume posted by the [Ncino Inc., NCNO], we can find that recorded value of 0.9 million was better than the volume posted last year of 0.69 million. As of the previous 9 days, the stock’s Stochastic %D was 70.52%. Additionally, its Average True Range was 0.78.

During the past 100 days, Ncino Inc.’s (NCNO) raw stochastic average was set at 34.00%, which indicates a significant decrease from 72.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.73% in the past 14 days, which was lower than the 35.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $30.75, while its 200-day Moving Average is $30.45. Now, the first resistance to watch is $30.56. This is followed by the second major resistance level at $30.94. The third major resistance level sits at $31.27. If the price goes on to break the first support level at $29.84, it is likely to go to the next support level at $29.51. Now, if the price goes above the second support level, the third support stands at $29.13.

Ncino Inc. (NASDAQ: NCNO) Key Stats

With a market capitalization of 3.41 billion, the company has a total of 113,133K Shares Outstanding. Currently, annual sales are 408,320 K while annual income is -102,720 K. The company’s previous quarter sales were 121,940 K while its latest quarter income was -16,380 K.