National Cinemedia Inc (NCMI) concluded trading on Thursday at a closing price of $7.11, with 3.66 million shares of worth about $26.0 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 44.22% during that period and on December 05, 2024 the price saw a loss of about -0.97%. Currently the company’s common shares owned by public are about 95.08M shares, out of which, 63.62M shares are available for trading.
Stock saw a price change of 3.64% in past 5 days and over the past one month there was a price change of -2.60%. Year-to-date (YTD), NCMI shares are showing a performance of 71.74% which increased to 84.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.63 but also hit the highest price of $7.39 during that period. The average intraday trading volume for National Cinemedia Inc shares is 483.96K. The stock is currently trading 4.15% above its 20-day simple moving average (SMA20), while that difference is up 3.46% for SMA50 and it goes to 25.53% higher than SMA200.
National Cinemedia Inc (NASDAQ: NCMI) currently have 95.08M outstanding shares and institutions hold larger chunk of about 53.01% of that.
The stock has a current market capitalization of $674.85M and its 3Y-monthly beta is at 2.06. It has posted earnings per share of -$0.24 in the same period. It has Quick Ratio of 2.46 while making debt-to-equity ratio of 0.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NCMI, volatility over the week remained 4.07% while standing at 3.88% over the month.
Stock’s fiscal year EPS is expected to drop by -102.62% while it is estimated to increase by 159.56% in next year. EPS is likely to shrink at an annualized rate of -6.33% for next 5-years, compared to annual growth of 31.55% made by the stock over the past 5-years.
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 The Benchmark Company on August 15, 2024 offering a Buy rating for the stock and assigned a target price of $8 to it. Coverage by B. Riley Securities stated National Cinemedia Inc (NCMI) stock as a Buy in their note to investors on March 19, 2024, suggesting a price target of $6.75 for the stock. On December 18, 2023, B. Riley Securities Resumed their recommendations, while on January 03, 2023, B. Riley Securities Reiterated their ratings for the stock with a price target of $0.25. Stock get a Neutral rating from B. Riley Securities on October 12, 2022.
