Ncino Inc. (NCNO) concluded trading on Wednesday at a closing price of $36.06, with 3.37 million shares of worth about $121.46 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.50% during that period and on October 16, 2024 the price saw a gain of about 2.88%. Currently the company’s common shares owned by public are about 113.68M shares, out of which, 95.98M shares are available for trading.
Stock saw a price change of 12.48% in past 5 days and over the past one month there was a price change of 21.33%. Year-to-date (YTD), NCNO shares are showing a performance of 7.23% which increased to 23.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $27.13 but also hit the highest price of $37.48 during that period. The average intraday trading volume for Ncino Inc. shares is 1.24 million. The stock is currently trading 13.20% above its 20-day simple moving average (SMA20), while that difference is up 13.68% for SMA50 and it goes to 14.33% higher than SMA200.
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Ncino Inc. (NASDAQ: NCNO) currently have 113.68M outstanding shares and institutions hold larger chunk of about 76.03% of that.
The stock has a current market capitalization of $4.17B and its 3Y-monthly beta is at 0.59. It has posted earnings per share of -$0.26 in the same period. It has Quick Ratio of 1.03 while making debt-to-equity ratio of 0.10. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NCNO, volatility over the week remained 3.66% while standing at 2.79% over the month.
Stock’s fiscal year EPS is expected to rise by 34.75% while it is estimated to increase by 28.22% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Raymond James on September 03, 2024 offering an Outperform rating for the stock and assigned a target price of $38 to it. Coverage by Goldman stated Ncino Inc. (NCNO) stock as a Buy in their note to investors on August 14, 2024, suggesting a price target of $42 for the stock. On July 22, 2024, JMP Securities Initiated their recommendations, while on April 09, 2024, Keefe Bruyette Initiated their ratings for the stock with a price target of $41. Stock get an Equal-weight rating from Morgan Stanley on March 15, 2024.
