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Ncino Inc. (NASDAQ: NCNO) closed the day trading at $29.96 down -0.78% from the previous closing price of $30.19. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 2.64 million shares were traded. NCNO stock price reached its highest trading level at $30.35 during the session, while it also had its lowest trading level at $29.67.
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 27.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.54. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on August 14, 2024, Upgraded its rating to Buy and sets its target price to $42 from $34 previously.
On July 22, 2024, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $43.
On April 09, 2024, Keefe Bruyette started tracking the stock assigning a Outperform rating and target price of $41.Keefe Bruyette initiated its Outperform rating on April 09, 2024, with a $41 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 Aug 26 ’24 when Orenstein Gregory sold 553 shares for $35.00 per share. The transaction valued at 19,355 led to the insider holds 276,892 shares of the business.
RUH WILLIAM J sold 10,000 shares of NCNO for $350,000 on Aug 23 ’24. The Director now owns 236,201 shares after completing the transaction at $35.00 per share. On Aug 23 ’24, another insider, Orenstein Gregory, who serves as the CFO & Treasurer of the company, sold 45,114 shares for $35.03 each. As a result, the insider received 1,580,474 and left with 276,892 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 3462177536 and an Enterprise Value of 3455576064. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.84 while its Price-to-Book (P/B) ratio in mrq is 3.22. Its current Enterprise Value per Revenue stands at 6.828 whereas that against EBITDA is 143.856.
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 -7.20%, while the 200-Day Moving Average is calculated to be -4.74%.
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 1763710 shares per day. A total of 113.68M shares are outstanding, with a floating share count of 95.79M. Insiders hold about 17.11% of the company’s shares, while institutions hold 76.04% stake in the company. Shares short for NCNO as of 1723680000 were 4084394 with a Short Ratio of 3.33, compared to 1721001600 on 4679136. Therefore, it implies a Short% of Shares Outstanding of 4084394 and a Short% of Float of 7.510000499999999.
