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Ncino Inc. (NASDAQ: NCNO) closed the day trading at $29.39 up 1.00% from the previous closing price of $29.10. In other words, the price has increased by $1.00 from its previous closing price. On the day, 0.97 million shares were traded. NCNO stock price reached its highest trading level at $29.7 during the session, while it also had its lowest trading level at $29.11.
Ratios:
For a better understanding of NCNO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.03 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
On August 14, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $34 to $42.
On July 22, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $43.JMP Securities initiated its Mkt Outperform rating on July 22, 2024, with a $43 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Rieger April bought 6,079 shares for $29.28 per share.
Orenstein Gregory sold 553 shares of NCNO for $19,355 on Aug 26 ’24. The CFO & Treasurer now owns 276,892 shares after completing the transaction at $35.00 per share. On Aug 23 ’24, another insider, RUH WILLIAM J, who serves as the Director of the company, sold 10,000 shares for $35.00 each. As a result, the insider received 350,000 and left with 236,201 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, NCNO now has a Market Capitalization of 3396308224 and an Enterprise Value of 3389707264. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.71 while its Price-to-Book (P/B) ratio in mrq is 3.16. Its current Enterprise Value per Revenue stands at 6.697 whereas that against EBITDA is 136.495.
Stock Price History:
Over the past 52 weeks, NCNO has reached a high of $37.48, while it has fallen to a 52-week low of $27.13. The 50-Day Moving Average of the stock is -8.09%, while the 200-Day Moving Average is calculated to be -6.58%.
Shares Statistics:
Over the past 3-months, NCNO traded about 1.22M shares per day on average, while over the past 10 days, NCNO traded about 1237730 shares per day. A total of 113.68M shares are outstanding, with a floating share count of 95.87M. Insiders hold about 17.04% of the company’s shares, while institutions hold 76.04% stake in the company. Shares short for NCNO as of 1724976000 were 5287093 with a Short Ratio of 4.34, compared to 1722384000 on 3940809. Therefore, it implies a Short% of Shares Outstanding of 5287093 and a Short% of Float of 9.68.
