Daily Market Movement: National Cinemedia Inc (NCMI) Sees a 1.89 Increase, Closing at 7.00

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The closing price of National Cinemedia Inc (NASDAQ: NCMI) was $7.00 for the day, up 1.89% from the previous closing price of $6.87. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.59 million shares were traded. NCMI stock price reached its highest trading level at $7.0171 during the session, while it also had its lowest trading level at $6.72.

Ratios:

Our analysis of NCMI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.77. For the most recent quarter (mrq), Quick Ratio is recorded 2.45 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.

On March 19, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $4.50 to $6.75.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 27 ’24 when Ng Ronnie Y. sold 283 shares for $7.16 per share. The transaction valued at 2,026 led to the insider holds 12,245 shares of the business.

Woods Maria VG sold 510 shares of NCMI for $3,453 on Sep 01 ’24. The EVP – General Counsel now owns 13,229 shares after completing the transaction at $6.77 per share. On Aug 04 ’24, another insider, Lesinski Thomas F., who serves as the Chief Executive Officer of the company, sold 4,388 shares for $5.24 each. As a result, the insider received 22,993 and left with 86,821 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCMI now has a Market Capitalization of 667251200 and an Enterprise Value of 636151488. As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.60, and their Forward P/E ratio for the next fiscal year is 25.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 3.064 whereas that against EBITDA is 50.091.

Stock Price History:

Over the past 52 weeks, NCMI has reached a high of $7.25, while it has fallen to a 52-week low of $3.51. The 50-Day Moving Average of the stock is 4.01%, while the 200-Day Moving Average is calculated to be 34.97%.

Shares Statistics:

NCMI traded an average of 479.02K shares per day over the past three months and 519640 shares per day over the past ten days. A total of 96.84M shares are outstanding, with a floating share count of 62.23M. Insiders hold about 34.71% of the company’s shares, while institutions hold 47.85% stake in the company. Shares short for NCMI as of 1727654400 were 5776625 with a Short Ratio of 12.06, compared to 1724976000 on 5813785. Therefore, it implies a Short% of Shares Outstanding of 5776625 and a Short% of Float of 8.430000399999999.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 16.07.

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