What National CineMedia Inc. (NCMI) Insiders Are Up To

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National CineMedia Inc. (NASDAQ:NCMI) traded with a subtraction of -$0.03 to $0.88 on Thursday, a downside of -3.68 percent. An average of 889,308 shares of common stock have been traded in the last five days. There was a fall of -$0.1882 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 924,712 shares traded, while the 50-day average volume stands at 947,697.

NCMI stock has decreased by -34.74% in the last month. The company shares reached their 1-month lowest point of $0.8726 on 09/22/22. With the stock rallying to its 52-week high on 02/16/22, shares of the company touched a low of $0.88 and a high of $3.97 in 52 weeks. It has reached a new high 7 times so far this year and lost -67.49% or -$1.9282 in price. In spite of this, the price is down -77.83% from the 52-week high.


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Insider Transactions

15 days have passed since National CineMedia Inc. (NCMI) last reported insider trading activity. Standard General L.P., who is 10% Owner, most recently acquired $4,516,890 shares at $0.90 per share on Sep 07. In this transaction, the insider spent $4,065,201. Chief Executive Officer, Lesinski Thomas F., disposed of 31,536 shares at a price of $1.78 on Aug 04. The insider now owns more than $56,134 worth of shares. Prior to that, President – Sales & Marketing Felenstein Scott D went on to Sale 381 shares at $0.94 each on Jul 02. An amount of $358 was transacted.

Valuation Metrics

National CineMedia Inc. (NCMI) stock’s beta is 1.75. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.43.

Financial Health

The quick ratio of National CineMedia Inc. for the three months ended June 29 was 0.50, and the current ratio was 0.50, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $37.7 million compared to revenue of $114.6 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, National CineMedia Inc.’s return on assets was -4.00%.

Earnings Surprise

For the three-month period that ended June 29, National CineMedia Inc. had $0.3 million in cash and short-term investments compared to $900.4 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$0.7 million in the quarter, while revenues of -$25.2 million were shrunk -3142.86%. The analyst consensus anticipated National CineMedia Inc.’s latest quarter earnings to come in at -$0.07 per share, but it turned out to be -$0.01, a 85.70% surprise. For the quarter, EBITDA amounted to $15.7 million. Shareholders own equity worth $81.89 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at National CineMedia Inc. (NCMI) price momentum. RSI 9-day as of the close on 21 September was 25.65%, suggesting the stock is oversold, with historical volatility in this time frame at 76.87%.

As of today, NCMI’s price is $0.9344 -17.59% or -$0.1882 from its 5-day moving average. NCMI is currently trading -28.89% lower than its 20-day SMA and -60.10% lower than its 100-day SMA. However, the stock’s current price level is -10.59% below the SMA50 and -66.34% below the SMA200.

The stochastic %K and %D were 2.78% and 5.40%, respectively, and the average true range (ATR) was 0.0874. With the 14-day stochastic at 2.37% and the average true range at 0.0981, the RSI (14) stands at 30.87%. The stock has reached -0.0762 on the 9-day MACD Oscillator while the 14-day reading was at -0.1162.

Analyst Ratings

B. Riley Securities downgraded National CineMedia Inc. (NASDAQ: NCMI) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for National CineMedia Inc. (NCMI) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell NCMI, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is NCMI’s price target for the next 12 months?

Analysts predict a range of price targets between $1.50 and $5.00, with a median target of $3.75. Taking a look at these predictions, the average price target given by analysts for National CineMedia Inc. (NCMI) stock is $3.50.

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