The volatility ratio for the week is 15.84%, and the volatility levels for the past 30 days are 15.69% for NCEW. The simple moving average for the past 20 days is -22.54% for NCEW’s stock, with a -43.46% simple moving average for the past 200 days.
Is It Worth Investing in New Century Logistics (BVI) Ltd (NASDAQ: NCEW) Right Now?
The public float for NCEW is 4.35M, and currently, shorts hold a 0.46% of that float. The average trading volume for NCEW on March 06, 2025 was 142.08K shares.
NCEW) stock’s latest price update
New Century Logistics (BVI) Ltd (NASDAQ: NCEW)’s stock price has gone decline by -9.01 in comparison to its previous close of 1.11, however, the company has experienced a -4.72% decrease in its stock price over the last five trading days. seekingalpha.com reported 2024-12-20 that Four small IPOs priced this past week, joined by one SPAC. The biggest development came from the pipeline, with natural gas exporter Venture Global filing for an estimated $3 billion IPO. No IPOs are currently scheduled in the week ahead, although smaller issuers may join the calendar throughout the week.
NCEW Trading at -42.97% from the 50-Day Moving Average
After a stumble in the market that brought NCEW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.66% of loss for the given period.
Volatility was left at 15.69%, however, over the last 30 days, the volatility rate increased by 15.84%, as shares sank -48.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -60.24% lower at present.
During the last 5 trading sessions, NCEW fell by -4.72%, in comparison to the 20-day moving average, which settled at $1.3039. In addition, New Century Logistics (BVI) Ltd saw -59.60% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In conclusion, New Century Logistics (BVI) Ltd (NCEW) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
