nCino Inc. (NASDAQ:NCNO) went up by 5.93% from its latest closing price compared to the recent 1-year high of $79.43. The company’s stock price has collected -20.58% of loss in the last five trading sessions.
Is It Worth Investing in nCino Inc. (NASDAQ :NCNO) Right Now?
Opinions of the stock are interesting as 9 analysts out of 13 who provided ratings for nCino Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $58.40, which is $31.23 above the current price. NCNO currently public float of 60.97M and currently shorts hold a 7.67% ratio of that float. Today, the average trading volume of NCNO was 1.07M shares.
NCNO’s Market Performance
NCNO stocks went down by -20.58% for the week, with a monthly drop of -34.97% and a quarterly performance of -43.32%, while its annual performance rate touched -45.40%. The volatility ratio for the week stands at 12.64% while the volatility levels for the past 30 days are set at 8.27% for nCino Inc.. The simple moving average for the period of the last 20 days is -25.69% for NCNO stocks with a simple moving average of -51.44% for the last 200 days.
Analysts’ Opinion of NCNO
Many brokerage firms have already submitted their reports for NCNO stocks, with Morgan Stanley repeating the rating for NCNO by listing it as a “Equal-Weight.” The predicted price for NCNO in the upcoming period, according to Morgan Stanley is $60 based on the research report published on April 13th of the current year 2022.
Stephens, on the other hand, stated in their research note that they expect to see NCNO reach a price target of $80. The rating they have provided for NCNO stocks is “Overweight” according to the report published on November 19th, 2021.
NCNO Trading at -34.60% from the 50-Day Moving Average
After a stumble in the market that brought NCNO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.79% of loss for the given period.
Volatility was left at 8.27%, however, over the last 30 days, the volatility rate increased by 12.64%, as shares sank -36.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -47.86% lower at present.
During the last 5 trading sessions, NCNO fell by -20.58%, which changed the moving average for the period of 200-days by -57.65% in comparison to the 20-day moving average, which settled at $35.77. In addition, nCino Inc. saw -50.47% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at NCNO starting from Sellers Jeanette, who sale 13,566 shares at the price of $42.76 back on Apr 12. After this action, Sellers Jeanette now owns 0 shares of nCino Inc., valued at $580,085 using the latest closing price.
Lunsford Jeffrey W, the Director of nCino Inc., sale 10,000 shares at $42.63 during a trade that took place back on Apr 12, which means that Lunsford Jeffrey W is holding 173,404 shares at $426,293 based on the most recent closing price.
Stock Fundamentals for NCNO
Current profitability levels for the company are sitting at:
- -20.86 for the present operating margin
- +54.60 for the gross margin
The net margin for nCino Inc. stands at -19.84. The total capital return value is set at -13.81, while invested capital returns managed to touch -13.33. Equity return is now at value -8.50, with -6.40 for asset returns.
Based on nCino Inc. (NCNO), the company’s capital structure generated 3.82 points at debt to equity in total, while total debt to capital is 3.68. Total debt to assets is 2.89, with long-term debt to equity ratio resting at 3.75. Finally, the long-term debt to capital ratio is 3.61.
When we switch over and look at the enterprise to sales, we see a ratio of 14.39, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 4.13 and the total asset turnover is 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.78.