The public float for NCL is 6.95M, and at present, short sellers hold a 0.46% of that float. The average trading volume of NCL on June 19, 2024 was 358.63K shares.
NCL) stock’s latest price update
Northann Corp. (AMEX: NCL) has seen a rise in its stock price by 6.52 in relation to its previous close of 0.24. However, the company has experienced a 1.15% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-05-22 that ELK GROVE, Calif., May 22, 2024 (GLOBE NEWSWIRE) — Northann Corp. (NYSE American: NCL), a leading innovator in 3D printing technology for home improvement products, announced its financial results for the first quarter ending March 31, 2024. The company reported substantial growth in revenues and significant progress in cost management and debt reduction.
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NCL’s Market Performance
Northann Corp. (NCL) has seen a 1.15% rise in stock performance for the week, with a -38.92% decline in the past month and a -63.61% plunge in the past quarter. The volatility ratio for the week is 11.84%, and the volatility levels for the past 30 days are at 13.67% for NCL. The simple moving average for the past 20 days is -28.68% for NCL’s stock, with a -91.41% simple moving average for the past 200 days.
NCL Trading at -39.43% from the 50-Day Moving Average
After a stumble in the market that brought NCL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.86% of loss for the given period.
Volatility was left at 13.67%, however, over the last 30 days, the volatility rate increased by 11.84%, as shares sank -39.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.37% lower at present.
During the last 5 trading sessions, NCL rose by +1.15%, in comparison to the 20-day moving average, which settled at $0.3489. In addition, Northann Corp. saw -82.91% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for NCL
Current profitability levels for the company are sitting at:
- -0.31 for the present operating margin
- 0.1 for the gross margin
The net margin for Northann Corp. stands at -0.46. The total capital return value is set at -5.47. Equity return is now at value -440.51, with -51.49 for asset returns.
Based on Northann Corp. (NCL), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at -0.74. The debt to equity ratio resting at 6.59. The interest coverage ratio of the stock is -2.0.
Currently, EBITDA for the company is -4.08 million with net debt to EBITDA at -0.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.63. The receivables turnover for the company is 6.24for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
In summary, Northann Corp. (NCL) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
