National CineMedia Inc. (NASDAQ:NCMI) currently has a daily average trading volume of 14.27M but it saw 886562 shares traded on Thursday. With a market cap of 53.01M USD, stock’s current market price of $0.31 came rising about 4.39 while comparing to the previous closing price of $0.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.85 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.32 while lowest mark touched by it was $0.30.
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Taking a look at 20-day trading activity of National CineMedia Inc. (NCMI) gives us an average price of $0.3007, while its current price level is -83.18% below from 52-week high level whereas it is 208.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2496 while that of 200 days or SMA-200 reads an average of $0.4843. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.63% during that period while stretching the period over a month that increases to 10.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.06 which implies that the stock is in neutral territory.
National CineMedia Inc. (NCMI)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $0.50 and $0.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $0.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $0.50. Average price target assigned by them is $0.50 which highlights an upside potential of 38.0% for the stock over that period. And to attain the median price target of $0.50 assigned by those analysts, stock has to add about 38.0% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 2 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, NCMI’s stock price is moving -2.75% down while it is 30.26% when we observe its performance for the past one month. Year-to-date it is 41.45% up and over the past year, the stock is showing a downside performance of -71.96%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.31 beaten by the consensus estimate of -$0.17 for the same. The company is expected to be releasing its next quarterly report in 08/07/2023, for which analysts forecasted an EPS of -$0.19 while estimate for next year EPS is -$0.52. For NCMI, analysts are forecasting an EPS-growth rate of -160.00% for current year and estimate for EPS growth in next year is 98.10%. In next quarter, company is expected to be making quarterly sales of $70.65 million as analysts are expecting the sales for current fiscal year at $257.84 million and seeing the company making $268 million in sales next year. Moreover, analysts are in estimates of $68.83 million for current-quarter revenue.
Currently, National CineMedia Inc.’s total number of outstanding shares is 145.51M with 26.26% of that held by the insiders while 16.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 1.70% and return on equity (ROE) at 9.00%. Stock’s beta reads 1.87. Stock has a price to sale or P/S ratio amounts to 0.21. Its return on asset (ROA) is -6.30% on average.
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