Netcapital Inc (NCPL) 20 Days SMA touches 1.69%: The odds favor the bear

Netcapital Inc (NASDAQ: NCPL) on Monday, soared 9.19% from the previous trading day, before settling in for the closing price of $1.85. Within the past 52 weeks, NCPL’s price has moved between $1.41 and $24.77.

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Financial Sector giant saw their annual sales surged by 54.32% over the last five years. The company achieved an average annual earnings per share of 73.45%. With a float of $1.77 million, this company’s outstanding shares have now reached $1.84 million.

The firm has a total of 21 workers. Let’s measure their productivity. In terms of profitability, gross margin is -10.87%, operating margin of -440.09%, and the pretax margin is -663.4%.

Netcapital Inc (NCPL) Insider Activity

Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Netcapital Inc is 3.97%, while institutional ownership is 3.38%. The most recent insider transaction that took place on Apr 24 ’24, was worth 31,680. In this transaction Director of this company bought 239,274 shares at a rate of $0.13, taking the stock ownership to the 249,574 shares.

Netcapital Inc (NCPL) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 73.45% per share during the next fiscal year.

Netcapital Inc (NASDAQ: NCPL) Trading Performance Indicators

Netcapital Inc (NCPL) is currently performing well based on its current performance indicators. A quick ratio of 0.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.19.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -29.02, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -1.18 in one year’s time.

Technical Analysis of Netcapital Inc (NCPL)

Analysing the last 5-days average volume posted by the [Netcapital Inc, NCPL], we can find that recorded value of 0.33 million was better than the volume posted last year of 0.2 million. As of the previous 9 days, the stock’s Stochastic %D was 33.18%. Additionally, its Average True Range was 0.24.

During the past 100 days, Netcapital Inc’s (NCPL) raw stochastic average was set at 15.93%, which indicates a significant decrease from 41.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 139.90% in the past 14 days, which was higher than the 125.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.7900, while its 200-day Moving Average is $5.2900. Now, the first resistance to watch is $2.1700. This is followed by the second major resistance level at $2.3100. The third major resistance level sits at $2.4300. If the price goes on to break the first support level at $1.9100, it is likely to go to the next support level at $1.7900. Should the price break the second support level, the third support level stands at $1.6500.

Netcapital Inc (NASDAQ: NCPL) Key Stats

Market capitalization of the company is 3.72 million based on 1,841K outstanding shares. Right now, sales total 4,950 K and income totals -4,990 K. The company made 140 K in profit during its latest quarter, and -2,530 K in sales during its previous quarter.