Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
NCI currently public float of 3.76M.The average trading volume of NCI on April 29, 2024 was 8.14M shares.
NCI) stock’s latest price update
The stock of Neo-Concept International Group Holdings Limited (NASDAQ: NCI) has decreased by -20.34 when compared to last closing price of 2.36. Seeking Alpha reported 2023-11-04 that Two IPOs are currently scheduled for the week ahead, although some small issuers may join the calendar late. As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was up 14.0%. Renaissance Capital’s IPO ETF tracks Renaissance IPO Index, and top ETF holdings include Palantir Technologies and Kenvue.
NCI’s Market Performance
The simple moving average for the past 20 days is -60.28% for NCI’s stock, with a -60.28% simple moving average for the past 200 days.
NCI Trading at -60.28% from the 50-Day Moving Average
After a stumble in the market that brought NCI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -83.49% of loss for the given period.
During the last 5 trading sessions, NCI fell by -80.21%, in comparison to the 20-day moving average. In addition, Neo-Concept International Group Holdings Limited saw -80.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NCI
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.12 for the gross margin
The net margin for Neo-Concept International Group Holdings Limited stands at 0.04. The total capital return value is set at -0.31.
Based on Neo-Concept International Group Holdings Limited (NCI), the company’s capital structure generated 3.5 points at debt to capital in total, while cash flow to debt ratio is standing at -0.5. The debt to equity ratio resting at -1.4. The interest coverage ratio of the stock is 3.09.
Currently, EBITDA for the company is 21.67 million with net debt to EBITDA at 3.53. When we switch over and look at the enterprise to sales, we see a ratio of 1.08. The receivables turnover for the company is 13.06for trailing twelve months and the total asset turnover is 8.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.80.
Conclusion
To put it simply, Neo-Concept International Group Holdings Limited (NCI) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
