The stock of National CineMedia Inc. (NASDAQ: NCMI) has increased by 4.39 when compared to last closing price of 0.30.Despite this, the company has seen a loss of -2.75% in its stock price over the last five trading days. The Wall Street Journal reported on 04/12/23 that National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump
Is It Worth Investing in National CineMedia Inc. (NASDAQ: NCMI) Right Now?
and a 36-month beta value of 1.87. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The average price predicted for National CineMedia Inc. (NCMI) by analysts is $0.50, The public float for NCMI is 73.65M, and at present, short sellers hold a 12.80% of that float. On May 26, 2023, the average trading volume of NCMI was 14.27M shares.
NCMI’s Market Performance
The stock of National CineMedia Inc. (NCMI) has seen a -2.75% decrease in the past week, with a 30.26% rise in the past month, and a 40.81% gain in the past quarter. The volatility ratio for the week is 6.63%, and the volatility levels for the past 30 days are at 10.49% for NCMI. The simple moving average for the past 20 days is 4.49% for NCMI’s stock, with a -36.45% simple moving average for the past 200 days.
NCMI Trading at 26.10% from the 50-Day Moving Average
After a stumble in the market that brought NCMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -83.18% of loss for the given period.
Volatility was left at 10.49%, however, over the last 30 days, the volatility rate increased by 6.63%, as shares surge +22.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +83.06% upper at present.
During the last 5 trading sessions, NCMI fell by -2.75%, which changed the moving average for the period of 200-days by -77.69% in comparison to the 20-day moving average, which settled at $0.3007. In addition, National CineMedia Inc. saw 41.45% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NCMI starting from Lesinski Thomas F., who sale 24,329 shares at the price of $0.22 back on Feb 28. After this action, Lesinski Thomas F. now owns 331,113 shares of National CineMedia Inc., valued at $5,382 using the latest closing price.
Felenstein Scott D, the President – Sales & Marketing of National CineMedia Inc., sale 7,911 shares at $0.22 during a trade that took place back on Feb 28, which means that Felenstein Scott D is holding 220,315 shares at $1,750 based on the most recent closing price.
Stock Fundamentals for NCMI
Current profitability levels for the company are sitting at:
- +5.10 for the present operating margin
- +40.05 for the gross margin
The net margin for National CineMedia Inc. stands at -11.52. Equity return is now at value 9.00, with -6.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
To sum up, National CineMedia Inc. (NCMI) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
