Ncino Inc (NCNO) average volume reaches $1.22M: Is Wall Street expecting a rally?

On Tuesday, Ncino Inc (NASDAQ: NCNO) opened lower -3.02% from the last session, before settling in for the closing price of $37.12. Price fluctuations for NCNO have ranged from $28.09 to $43.20 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 43.72% at the time writing. With a float of $98.01 million, this company’s outstanding shares have now reached $115.65 million.

Let’s determine the extent of company efficiency that accounts for 1653 employees. In terms of profitability, gross margin is 58.86%, operating margin of -1.93%, and the pretax margin is -3.42%.

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 15.36%, while institutional ownership is 86.20%. The most recent insider transaction that took place on Nov 06 ’24, was worth 800,000. In this transaction Director of this company sold 20,000 shares at a rate of $40.00, taking the stock ownership to the 206,201 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Chief Product Officer sold 30,000 for $40.21, making the entire transaction worth $1,206,156. This insider now owns 311,511 shares in total.

Ncino Inc (NCNO) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 43.72% 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 1.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.97. Likewise, its price to free cash flow for the trailing twelve months is 58.70.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.16, a number that is poised to hit 0.19 in the next quarter and is forecasted to reach 0.88 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 2.58 million, which is a jump from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 17.31%. Additionally, its Average True Range was 1.36.

During the past 100 days, Ncino Inc’s (NCNO) raw stochastic average was set at 50.07%, which indicates a significant increase from 5.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.48% in the past 14 days, which was higher than the 43.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.83, while its 200-day Moving Average is $32.93. However, in the short run, Ncino Inc’s stock first resistance to watch stands at $36.80. Second resistance stands at $37.59. The third major resistance level sits at $38.04. If the price goes on to break the first support level at $35.56, it is likely to go to the next support level at $35.11. Should the price break the second support level, the third support level stands at $34.32.

Ncino Inc (NASDAQ: NCNO) Key Stats

There are currently 115,794K shares outstanding in the company with a market cap of 4.17 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 138,800 K and its income totaled -5,250 K.