As of Thursday close, National CineMedia Inc.’s (NASDAQ:NCMI) stock traded at $0.34. The average number of shares traded per day over the past five days has been 974,440 shares. 3 times new highs have been achieved over the past 5 days, with a -$0.0024 fall in that time frame. In the last twenty days, the average volume was 887,910, while in the previous 50 days, it was 1,348,758.
Since last month, NCMI stock rose 5.09%. Shares of the company fell to $0.3020 on 07/06/23, the lowest level in the past month. A 52-week high of $1.85 was reached on 04/12/23 after having rallying from a 52-week low of $0.10. Since the beginning of this year, NCMI’s stock price has risen by 55.73% or $0.1226, and marked a new high 9 times. However, the stock has declined by -81.48% since its 52-week high.
NCMI stock investors should be aware that National CineMedia Inc. (NCMI) stock had its last reported insider trading activity 3 days ago on Aug 01. Lesinski Thomas F., the Chief Executive Officer of the company, disposed of 49,314 shares for $0.37 on Aug 01. It resulted in a $18,246 divestment by the insider. Felenstein Scott D sold 398 shares at an average price of $0.34 on Jul 02. The insider now owns 220,757 shares following the transaction. On Feb 28, Chief Executive Officer Lesinski Thomas F. sold 24,329 shares at $0.22 apiece. The transaction was valued at $5,382.
Valuation Metrics
The latest dividend of $0.03 per share was paid out, remained unchanged from last year’s $0.03. On Monday May 9 2022, a $0.02 dividend decrease was announced.
Financial Health
In the three months ended June 29, National CineMedia Inc.’s quick ratio stood at 0.10, while its current ratio was 0.10, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 51.20% percent. In the year ended June 29, operating margins totaled 3.20%. Based on annual data, NCMI earned $131.3 million in gross profit and brought in $249.2 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.70%. Return on equity (ROE) for the past 12 months was 9.00%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. NCMI’s revenue fell -353.38% to $34.9 million during the quarter, while net income inched up to $14.8 million. While analysts expected National CineMedia Inc. to report -$0.09 quarterly earnings, the actual figure was -$0.07 per share, beating the consensus estimate by 22.20%. During the quarter, the company generated -$3.4 million in EBITDA. The liabilities of National CineMedia Inc. were 62.7 million at the end of its most recent quarter ended June 29. The value of shareholders’ equity is $174.07 million.
Technical Picture
This quick technical analysis looks at National CineMedia Inc.’s (NCMI) price momentum. With a historical volatility rate of 79.51%, the RSI 9-day stood at 49.71% on 03 August.
With respect to its five-day moving average, the current National CineMedia Inc. price is down by -0.70% percent or -$0.0024. At present, NCMI shares trade +9.28% above its 20-day simple moving average and +90.33% percent above its 100-day simple moving average. However, the stock is currently trading approximately +8.76% above its SMA50 and -41.33% below its SMA200.
Stochastic coefficient K was 36.87% and Stochastic coefficient D was 34.54%, while ATR was 0.0304. Given the Stochastic reading of 26.40% for the 14-day period, the RSI (14) reading has been calculated as 50.88%.
Analyst Ratings
B. Riley Securities reiterated its a Neutral rating on National CineMedia Inc. (NASDAQ: NCMI) in a note to investors. The analysts firm has however raised their price target to $0.25, representing a possible 32.0% increase in the stock price. National CineMedia Inc. (NCMI) has been rated Hold by analysts. According to 0 brokerage firms, NCMI is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate National CineMedia Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $0.37, the current consensus forecast for the stock is $0.37 – $0.37. Based on these forecasts, analysts predict National CineMedia Inc. (NCMI) will achieve an average price target of $0.37.
