Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. National Cinemedia Inc’s current trading price is -19.72% away from its 52-week high, while its distance from the 52-week low is 372.78%. The stock’s price range during this period has varied between $1.10 and $6.49. The company, active in the Communication Services sector, saw a trading volume of around 5.72 million for the day, considerably higher average daily volume of 0.38 million observed over the last three months.
National Cinemedia Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $6.49 on 04/12/23, and the lowest price during that time was $1.10, recorded on 03/20/23.
How Financial Performance Impacts Market Capitalization
National Cinemedia Inc (NCMI) has experienced a quarterly rise of 30.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 504.22M and boasts a workforce of 292 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.10, with a change in price of +1.64. Similarly, National Cinemedia Inc recorded 436,927 in trading volume during the last 100 days, posting a change of +45.30%.
How NCMI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for NCMI stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
NCMI Stock Stochastic Average
As of today, the raw stochastic average of National Cinemedia Inc over the past 50 days is 86.99%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 86.63%. Additionally, the Stochastic %K and %D values for the company were 79.35% and 71.65%, respectively, over the past 20 days.
NCMI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 25.85%. However, over the past six months, we’ve seen a weaker performance of 7.64%. The price of NCMI fallen by 28.64% over the last 30 days. And in the last five days, it has surged by 34.63%.
