A new trading day began on Tuesday, with National Cinemedia Inc (NASDAQ: NCMI) stock price up 3.10% from the previous day of trading, before settling in for the closing price of $4.52. NCMI’s price has ranged from $1.80 to $5.75 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Communication Services sector has jumped its sales by 6.32% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -99.81%. With a float of $64.11 million, this company’s outstanding shares have now reached $96.84 million.
In an organization with 292 employees, it is important to assess its efficiency.
National Cinemedia Inc (NCMI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Advertising Agencies Industry. The insider ownership of National Cinemedia Inc is 33.93%, while institutional ownership is 42.39%. The most recent insider transaction that took place on Feb 26 ’24, was worth 17,564. In this transaction President – Sales & Marketing of this company sold 4,126 shares at a rate of $4.26, taking the stock ownership to the 35,301 shares. Before that another transaction happened on Feb 26 ’24, when Company’s EVP, General Counsel sold 1,517 for $4.26, making the entire transaction worth $6,458. This insider now owns 12,100 shares in total.
National Cinemedia Inc (NCMI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -99.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -6.33% during the next five years compared to 31.55% growth over the previous five years of trading.
National Cinemedia Inc (NASDAQ: NCMI) Trading Performance Indicators
Here are National Cinemedia Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.96, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of National Cinemedia Inc (NCMI)
Let’s dig in a bit further. During the last 5-days, its volume was 0.78 million. That was better than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.09%. Additionally, its Average True Range was 0.25.
During the past 100 days, National Cinemedia Inc’s (NCMI) raw stochastic average was set at 48.46%, which indicates a significant increase from 25.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.66% in the past 14 days, which was lower than the 56.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.56, while its 200-day Moving Average is $4.17. However, in the short run, National Cinemedia Inc’s stock first resistance to watch stands at $4.78. Second resistance stands at $4.89. The third major resistance level sits at $5.02. If the price goes on to break the first support level at $4.54, it is likely to go to the next support level at $4.41. The third support level lies at $4.30 if the price breaches the second support level.
National Cinemedia Inc (NASDAQ: NCMI) Key Stats
With a market capitalization of 452.11 million, the company has a total of 97,025K Shares Outstanding. Currently, annual sales are 165,200 K while annual income is 705,200 K. The company’s previous quarter sales were 90,800 K while its latest quarter income was 23,600 K.
