At the last check on Friday, National CineMedia Inc.’s (NASDAQ:NCMI) stock was up $0.13, moving up 3.71 percent to $3.63. The average number of shares traded per day over the past five days has been 416,992 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.04 fall in that time frame. In the last twenty days, the average volume was 340,027, while in the previous 50 days, it was 219,181.
Since last month, NCMI stock rose 8.36%. Shares of the company fell to $2.75 on 08/07/23, the lowest level in the past month. A 52-week high of $17.20 was reached on 04/12/23 after having rallying from a 52-week low of $1.01. Since the beginning of this year, NCMI’s stock price has risen by 65.00% or $1.33, and marked a new high 9 times. However, the stock has declined by -78.90% since its 52-week high.
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NCMI stock investors should be aware that National CineMedia Inc. (NCMI) stock had its last reported insider trading activity 14 days ago on Aug 04. Lesinski Thomas F., the Chief Executive Officer of the company, disposed of 4,732 shares for $3.18 on Aug 04. It resulted in a $15,048 divestment by the insider. Lesinski Thomas F. sold 49,314 shares at an average price of $0.37 on Aug 01. The insider now owns 407,424 shares following the transaction. On Jul 02, President – Sales & Marketing Felenstein Scott D sold 398 shares at $0.34 apiece. The transaction was valued at $134.
Valuation Metrics
The latest dividend of $0.30 per share was paid out, remained unchanged from last year’s $0.30. On Monday May 9 2022, a $0.20 dividend decrease was announced.
Financial Health
In the three months ended June 29, National CineMedia Inc.’s quick ratio stood at 2.40, while its current ratio was 2.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 52.80% percent. 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 -121.90%.
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 -$0.95 quarterly earnings, the actual figure was -$0.7 per share, beating the consensus estimate by 26.30%. 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 $17.41 million.
Technical Picture
This quick technical analysis looks at National CineMedia Inc.’s (NCMI) price momentum. With a historical volatility rate of 91.28%, the RSI 9-day stood at 52.08% on 17 August.
With respect to its five-day moving average, the current National CineMedia Inc. price is down by -1.12% percent or -$0.04. At present, NCMI shares trade +7.62% above its 20-day simple moving average and +194.90% percent above its 100-day simple moving average. However, the stock is currently trading approximately +2.59% above its SMA50 and -19.95% below its SMA200.
Stochastic coefficient K was 63.84% and Stochastic coefficient D was 64.44%, while ATR was 0.34. Given the Stochastic reading of 60.00% for the 14-day period, the RSI (14) reading has been calculated as 52.19%. As of today, the MACD Oscillator reading stands at 0.04, while the 14-day reading stands at 0.11.
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 -626.0% increase in the stock price.
