Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Ncino Inc (NASDAQ: NCNO) closed the day trading at $33.56 down -2.53% from the previous closing price of $34.43. In other words, the price has decreased by -$2.53 from its previous closing price. On the day, 1.38 million shares were traded. NCNO stock price reached its highest trading level at $34.274 during the session, while it also had its lowest trading level at $33.23.
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 14.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.88 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.21.
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 this company, UBS on December 16, 2024, initiated with a Buy rating and assigned the stock a target price of $44.
On December 05, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $40 to $45.
Piper Sandler Downgraded its Overweight to Neutral on December 05, 2024, while the target price for the stock was maintained at $38.
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 Dec 18 ’24 when HORING JEFF sold 4,474,158 shares for $35.75 per share. The transaction valued at 159,955,623 led to the insider holds 4,513,467 shares of the business.
Kilday Pamela sold 9,000 shares of NCNO for $319,633 on Dec 17 ’24. The Director now owns 17,804 shares after completing the transaction at $35.51 per share. On Dec 16 ’24, another insider, HORING JEFF, who serves as the Director of the company, sold 70,673 shares for $36.11 each. As a result, the insider received 2,551,790 and left with 8,987,625 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 3886046720 and an Enterprise Value of 4904692224. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.22 while its Price-to-Book (P/B) ratio in mrq is 3.57. Its current Enterprise Value per Revenue stands at 9.691 whereas that against EBITDA is 197.499.
Stock Price History:
Over the past 52 weeks, NCNO has reached a high of $43.20, while it has fallen to a 52-week low of $28.09. The 50-Day Moving Average of the stock is -12.69%, while the 200-Day Moving Average is calculated to be 0.78%.
Shares Statistics:
Over the past 3-months, NCNO traded about 1.35M shares per day on average, while over the past 10 days, NCNO traded about 1570470 shares per day. A total of 115.65M shares are outstanding, with a floating share count of 100.62M. Insiders hold about 13.11% of the company’s shares, while institutions hold 86.11% stake in the company. Shares short for NCNO as of 1731628800 were 5259743 with a Short Ratio of 3.79, compared to 1728950400 on 6482496. Therefore, it implies a Short% of Shares Outstanding of 5259743 and a Short% of Float of 9.629999999999999.
