New Century Logistics (BVI) Ltd (NASDAQ: NCEW)’s stock price has dropped by -15.17 in relation to previous closing price of 1.45. Nevertheless, the company has seen a loss of -44.84% in its stock price over the last five trading days. globenewswire.com reported 2025-05-07 that Hong Kong, China, May 07, 2025 (GLOBE NEWSWIRE) — On May 1, 2025, Hong Kong ——, a leading logistics solutions provider in Hong Kong, New Century Logistics (BVI) Limited (hereinafter referred to as “New Century”) announced today that it has signed a Memorandum of Understanding (MOU) with Japanese advanced technology company Soradynamics Inc to jointly develop and deploy an innovative in-vehicle drone logistics system (“Micro-Hub System”). This collaboration aims to address the long-standing core pain points of high last-mile delivery costs and labor shortages in the U.S. logistics industry through technological empowerment, driving an efficiency revolution in the sector.
Is It Worth Investing in New Century Logistics (BVI) Ltd (NASDAQ: NCEW) Right Now?
The public float for NCEW is 4.35M, and at present, short sellers hold a 0.17% of that float. The average trading volume of NCEW on May 14, 2025 was 864.08K shares.
NCEW’s Market Performance
The stock of New Century Logistics (BVI) Ltd (NCEW) has seen a -44.84% decrease in the past week, with a -20.65% drop in the past month, and a -17.45% fall in the past quarter. The volatility ratio for the week is 47.15%, and the volatility levels for the past 30 days are at 22.72% for NCEW. The simple moving average for the past 20 days is -36.95% for NCEW’s stock, with a -29.67% simple moving average for the past 200 days.
NCEW Trading at -26.92% 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 -70.36% of loss for the given period.
Volatility was left at 22.72%, however, over the last 30 days, the volatility rate increased by 47.15%, as shares sank -11.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.04% upper at present.
During the last 5 trading sessions, NCEW fell by -44.84%, in comparison to the 20-day moving average, which settled at $1.9509. In addition, New Century Logistics (BVI) Ltd saw -50.80% in overturn over a single year, with a tendency to cut further losses.
Conclusion
In summary, New Century Logistics (BVI) Ltd (NCEW) 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.
