There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for NCI is 20.32M, and at present, short sellers hold a 0.50% of that float. The average trading volume of NCI on January 20, 2025 was 1.45M shares.
NCI) stock’s latest price update
Neo Concept International Group Holdings Ltd (NASDAQ: NCI)’s stock price has soared by 12.83 in relation to previous closing price of 0.61. Nevertheless, the company has seen a loss of -1.23% in its stock price over the last five trading days. globenewswire.com reported 2025-01-08 that HONG KONG, Jan. 08, 2025 (GLOBE NEWSWIRE) — Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”) announced that it received a letter from Nasdaq on January 7, 2025, indicating that the Company is granted an additional 180 calendar days, until July 7, 2025, to regain compliance with the minimum bid price requirement of $1 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2).
NCI’s Market Performance
NCI’s stock has fallen by -1.23% in the past week, with a monthly rise of 27.31% and a quarterly drop of -0.38%. The volatility ratio for the week is 13.87% while the volatility levels for the last 30 days are 23.07% for Neo Concept International Group Holdings Ltd The simple moving average for the past 20 days is 14.03% for NCI’s stock, with a -5.90% simple moving average for the past 200 days.
NCI Trading at 15.17% 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 -93.95% of loss for the given period.
Volatility was left at 23.07%, however, over the last 30 days, the volatility rate increased by 13.87%, as shares surge +33.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.08% lower at present.
During the last 5 trading sessions, NCI fell by -1.23%, in comparison to the 20-day moving average, which settled at $0.6046. In addition, Neo Concept International Group Holdings Ltd saw 4.45% 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 NCI starting from Neo-concept (BVI) Ltd, who proposed sale 2,000,000 shares at the price of $0.68 back on Nov 15 ’24. After this action, Neo-concept (BVI) Ltd now owns shares of Neo Concept International Group Holdings Ltd, valued at $1,360,000 using the latest closing price.
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 14.9 million with net debt to EBITDA at 3.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.91. The receivables turnover for the company is 5.39for trailing twelve months and the total asset turnover is 1.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In summary, Neo Concept International Group Holdings Ltd (NCI) has had a mixed 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.
