Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for NCI is 20.32M, and currently, short sellers hold a 0.19% ratio of that floaft. The average trading volume of NCI on September 13, 2024 was 612.99K shares.
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NCI) stock’s latest price update
Neo Concept International Group Holdings Ltd (NASDAQ: NCI)’s stock price has gone rise by 13.31 in comparison to its previous close of 0.45, however, the company has experienced a 17.24% increase in its stock price over the last five trading days. globenewswire.com reported 2024-07-09 that HONG KONG, July 09, 2024 (GLOBE NEWSWIRE) — Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”), announced that, on July 8, 2024, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from May 21, 2024 to July 5, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
NCI’s Market Performance
NCI’s stock has risen by 17.24% in the past week, with a monthly rise of 16.76% and a quarterly drop of -21.85%. The volatility ratio for the week is 15.73% while the volatility levels for the last 30 days are 12.98% for Neo Concept International Group Holdings Ltd The simple moving average for the past 20 days is 18.98% for NCI’s stock, with a -37.87% simple moving average for the past 200 days.
NCI Trading at 0.46% 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 -95.52% of loss for the given period.
Volatility was left at 12.98%, however, over the last 30 days, the volatility rate increased by 15.73%, as shares surge +20.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.14% lower at present.
During the last 5 trading sessions, NCI rose by +17.24%, in comparison to the 20-day moving average, which settled at $0.4329. In addition, Neo Concept International Group Holdings Ltd saw -94.63% 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
- 0.2 for the gross margin
The net margin for Neo Concept International Group Holdings Ltd stands at 0.03. The total capital return value is set at 0.44.
Based on Neo Concept International Group Holdings Ltd (NCI), the company’s capital structure generated 1.05 points at debt to capital in total, while cash flow to debt ratio is standing at -0.9. The debt to equity ratio resting at -22.89. The interest coverage ratio of the stock is 1.57.
Currently, EBITDA for the company is 15.07 million with net debt to EBITDA at 3.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 5.39for trailing twelve months and the total asset turnover is 1.92.
Conclusion
In a nutshell, Neo Concept International Group Holdings Ltd (NCI) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
