Ncino Inc. (NASDAQ: NCNO) kicked off on Tuesday, up 1.30% from the previous trading day ,before settling in for the closing price of $34.68. Over the past 52 weeks, NCNO has traded in a range of $21.26-$37.48.
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A company in the Technology sector has jumped its sales by 39.73% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 25.92%. With a float of $69.80 million, this company’s outstanding shares have now reached $113.68 million.
In an organization with 1653 employees, it is important to assess its efficiency.
Ncino Inc. (NCNO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Ncino Inc. is 38.89%, while institutional ownership is 55.96%. The most recent insider transaction that took place on Apr 08 ’24, was worth 172,545. In this transaction Director of this company sold 5,000 shares at a rate of $34.51, taking the stock ownership to the 251,201 shares. Before that another transaction happened on Apr 05 ’24, when Company’s Director sold 10,000 for $34.43, making the entire transaction worth $344,284. This insider now owns 256,201 shares in total.
Ncino Inc. (NCNO) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 1/30/2024, the organization reported $0.21 earnings per share (EPS), higher than consensus estimate (set at $0.12) by $0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 25.92% per share during the next fiscal year.
Ncino Inc. (NASDAQ: NCNO) Trading Performance Indicators
Take a look at Ncino Inc.’s (NCNO) current performance indicators. Last quarter, stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.42. Likewise, its price to free cash flow for the trailing twelve months is 75.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.84 in one year’s time.
Technical Analysis of Ncino Inc. (NCNO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was better than the volume of 0.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 53.22%. Additionally, its Average True Range was 1.23.
During the past 100 days, Ncino Inc.’s (NCNO) raw stochastic average was set at 76.52%, which indicates a significant increase from 69.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.05% in the past 14 days, which was higher than the 44.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $31.20, while its 200-day Moving Average is $30.81. However, in the short run, Ncino Inc.’s stock first resistance to watch stands at $35.56. Second resistance stands at $35.99. The third major resistance level sits at $36.47. If the price goes on to break the first support level at $34.65, it is likely to go to the next support level at $34.17. Assuming the price breaks the second support level, the third support level stands at $33.74.
Ncino Inc. (NASDAQ: NCNO) Key Stats
The company with the Market Capitalisation of 4.01 billion has total of 114,217K Shares Outstanding. Its annual sales at the moment are 476,540 K in contrast with the sum of -42,350 K annual income. Company’s last quarter sales were recorded 123,690 K and last quarter income was 1,160 K.
