National CineMedia Inc. (NASDAQ:NCMI) saw a downside of -4.67% to $4.00 after subtracting -$0.2on Wednesday. The 5-day average trading volume is 592,468 shares of the company’s common stock. It has gained $4.43 in the past week and touched a new high 3 times within the past 5 days. An average of 419,616 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 246,249.
NCMI’s 1-month performance is 19.52% or $0.74 on its low of $2.75 reached on 08/07/23. The company’s shares have touched a 52-week low of $1.01 and high of $14.50, with the stock’s rally to the 52-week high happening on 04/12/23. YTD, NCMI has achieved 81.99% or $1.82 and has reached a new high 9 times. However, the current price is down -72.39% from the 52-week high price.
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Insider Transactions
NCMI stock investors last saw insider trading activity on Aug 04.Lesinski Thomas F. (Chief Executive Officer) most recently sold 4,732 shares at $3.18 per share on Aug 04. This transaction cost the insider $15,048. Chief Executive Officer, Lesinski Thomas F., sold 49,314 shares at a price of $0.37 on Aug 01. Then, on Jul 02, President – Sales & Marketing Felenstein Scott D sold 398 shares at a price of $0.34 per share. This transaction amounted to $134.
Valuation Metrics
NCMI stock has a beta of 1.81. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.27.
National CineMedia Inc.’s quick ratio for the period ended June 29 was 2.40, with the current ratio over the same period at 2.40. In terms of profitability, the gross margin trailing 12 months is 52.80%. The trailing 12-month EBITDA margin is 17.74%. The firm’s gross profit as reported stood at $131.3 million against revenue of $249.2 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 100.13% to $545.3 million, while revenue of -$45.5 million was 108.34% off the previous quarter. Analysts expected NCMI to announce -$0.95 per share in earnings in its latest quarter, but it posted -$0.7, representing a 26.30% surprise. EBITDA for the quarter stood at more than -$3.4 million. Shareholders hold equity totaling $17.41 million.
Let’s look briefly at National CineMedia Inc. (NCMI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 61.12% to suggest the stock is trending Neutral, with historical volatility in this time period at 79.09%.
The stock’s 5-day moving average is $3.96, reflecting a +8.36% or $0.31 change from its current price. NCMI is currently trading +16.52% above its 20-day SMA, +180.33% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +15.25% and SMA200 by+1.28%.
Stochastic %K and %D was 82.94% and 81.93% and the average true range (ATR) pointed at 0.37. The RSI (14) points at 59.24%, while the 14-day stochastic is at 75.59% with the period’s ATR at 0.36. The stock’s 9-day MACD Oscillator is pointing at 0.35 and 0.52 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for National CineMedia Inc. (NASDAQ: NCMI), B. Riley Securities reiterated its a Neutral rating for the company but lifted their price target by $0.50 to $0.25.
