Ncino Inc. (NCNO) is expecting -8.55% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Ncino Inc. (NASDAQ: NCNO) opened higher 1.75% from the last session, before settling in for the closing price of $29.64. Price fluctuations for NCNO have ranged from $21.26 to $37.48 over the past 52 weeks.

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During the last 5-year period, the sales growth of Technology Sector giant was 39.73%. Company’s average yearly earnings per share was noted 25.77% at the time writing. With a float of $75.09 million, this company’s outstanding shares have now reached $113.68 million.

Let’s determine the extent of company efficiency that accounts for 1653 employees.

Ncino Inc. (NCNO) Insider Activity

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Ncino Inc. is 34.26%, while institutional ownership is 56.00%. The most recent insider transaction that took place on Apr 09 ’24, was worth 175,784. In this transaction Director of this company sold 5,000 shares at a rate of $35.16, taking the stock ownership to the 246,201 shares. Before that another transaction happened on Apr 09 ’24, when Company’s VP of Accounting sold 563 for $35.43, making the entire transaction worth $19,947. This insider now owns 30,392 shares in total.

Ncino Inc. (NCNO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 25.77% per share during the next fiscal year.

Ncino Inc. (NASDAQ: NCNO) Trading Performance Indicators

Check out the current performance indicators for Ncino Inc. (NCNO). In the past quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.23. Likewise, its price to free cash flow for the trailing twelve months is 64.50.

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 0.85 in one year’s time.

Technical Analysis of Ncino Inc. (NCNO)

Looking closely at Ncino Inc. (NASDAQ: NCNO), its last 5-days average volume was 0.95 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 10.89%. Additionally, its Average True Range was 1.16.

During the past 100 days, Ncino Inc.’s (NCNO) raw stochastic average was set at 26.87%, which indicates a significant increase from 16.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.06% in the past 14 days, which was lower than the 45.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.08, while its 200-day Moving Average is $30.85. However, in the short run, Ncino Inc.’s stock first resistance to watch stands at $30.46. Second resistance stands at $30.77. The third major resistance level sits at $31.30. If the price goes on to break the first support level at $29.63, it is likely to go to the next support level at $29.10. Should the price break the second support level, the third support level stands at $28.79.

Ncino Inc. (NASDAQ: NCNO) Key Stats

There are currently 114,217K shares outstanding in the company with a market cap of 3.44 billion. Presently, the company’s annual sales total 476,540 K according to its annual income of -42,350 K. Last quarter, the company’s sales amounted to 123,690 K and its income totaled 1,160 K.