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NCL’s Stock Journey: What Investors Need to Know About Northann Corp’s Performance

ZM Stock

Northann Corp’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $1.64 on 01/22/24, and the lowest price during that time was $0.15, recorded on 08/30/24.

52-week price history of NCL Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Northann Corp’s current trading price is -80.57% away from its 52-week high, while its distance from the 52-week low is 108.98%. The stock’s price range for this period has remained between $0.15 and $1.64. The Consumer Cyclical sector company’s shares managed to surpass a trading volume of around 0.85 million for the day, which was noticeably lower compared to the shares’ average daily volume of 6.79 million over the last three months.

Financial Performance and Market Capitalization

Northann Corp (NCL) has experienced a quarterly rise of 89.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 17.67M and boasts a workforce of 73 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.2253, with a change in price of +0.0787. Similarly, Northann Corp recorded 4,272,724 in trading volume during the last 100 days, posting a change of +32.79%.

NCL Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NCL stands at 5.18. Similarly, the long-term debt-to-equity ratio is also 1.19.

NCL Stock Stochastic Average

As of today, the raw stochastic average of Northann Corp over the last 50 days is at 27.20%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 53.55%. Further, the company’s Stochastic %K and %D values for the last 20 days were 40.13% and 37.62%, respectively.

NCL Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 16.91% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 27.43%. Over the past 30 days, the price of NCL has fallen by 35.44%. And in the last five days, it has surged by 6.77%.

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