The volatility ratio for the week is 19.14%, and the volatility levels for the past 30 days are 15.69% for NCEW. The simple moving average for the past 20 days is 28.94% for NCEW’s stock, with a -11.80% 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, short sellers hold a 0.45% of that float. On March 14, 2025, NCEW’s average trading volume was 132.80K shares.
NCEW) stock’s latest price update
The stock of New Century Logistics (BVI) Ltd (NASDAQ: NCEW) has increased by 18.75 when compared to last closing price of 1.28.Despite this, the company has seen a gain of 36.94% 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 -7.50% 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 -63.37% of loss for the given period.
Volatility was left at 15.69%, however, over the last 30 days, the volatility rate increased by 19.14%, as shares surge +16.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -24.75% lower at present.
During the last 5 trading sessions, NCEW rose by +36.94%, in comparison to the 20-day moving average, which settled at $1.1789. In addition, New Century Logistics (BVI) Ltd saw -39.20% in overturn over a single year, with a tendency to cut further losses.
Conclusion
To wrap up, the performance of New Century Logistics (BVI) Ltd (NCEW) has been mixed in recent times. The stock has received a mixed of “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.
