The simple moving average for the last 20 days is -57.92% for NCI stock, with a simple moving average of -57.92% for the last 200 days.
Is It Worth Investing in Neo Concept International Group Holdings Ltd (NASDAQ: NCI) Right Now?
Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
NCI currently public float of 20.32M.On May 08, 2024, the average trading volume of NCI was 3.06M shares.
NCI) stock’s latest price update
Neo Concept International Group Holdings Ltd (NASDAQ: NCI) has seen a decline in its stock price by -6.38 in relation to its previous close of 1.05. However, the company has experienced a -22.60% decline in its stock price over the last five trading sessions. 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 Trading at -57.92% 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 -91.37% of loss for the given period.
During the last 5 trading sessions, NCI fell by -22.60%, in comparison to the 20-day moving average. In addition, Neo Concept International Group Holdings Ltd saw -89.65% 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 Ltd stands at 0.04. The total capital return value is set at -0.31.
Based on Neo Concept International Group Holdings Ltd (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 0.67. The receivables turnover for the company is 13.06for trailing twelve months and the total asset turnover is 8.3.
Conclusion
To sum up, Neo Concept International Group Holdings Ltd (NCI) has seen a bad 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.
