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The closing price of Ncino Inc. (NASDAQ: NCNO) was $36.22 for the day, up 0.44% from the previous closing price of $36.06. In other words, the price has increased by $0.44 from its previous closing price. On the day, 1.68 million shares were traded. NCNO stock price reached its highest trading level at $36.35 during the session, while it also had its lowest trading level at $35.76.
Ratios:
Our analysis of NCNO’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 33.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.69. 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:
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 Oct 14 ’24 when Desmond Sean sold 30,000 shares for $34.77 per share. The transaction valued at 1,043,016 led to the insider holds 341,511 shares of the business.
Orenstein Gregory sold 3,885 shares of NCNO for $136,169 on Oct 14 ’24. The CFO & Treasurer now owns 276,892 shares after completing the transaction at $35.05 per share. On Oct 11 ’24, another insider, Orenstein Gregory, who serves as the CFO & Treasurer of the company, sold 448 shares for $35.00 each. As a result, the insider received 15,680 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 4185583360 and an Enterprise Value of 4178978816. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.27 while its Price-to-Book (P/B) ratio in mrq is 3.89. Its current Enterprise Value per Revenue stands at 8.257 whereas that against EBITDA is 168.277.
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 13.84%, while the 200-Day Moving Average is calculated to be 14.81%.
Shares Statistics:
NCNO traded an average of 1.26M shares per day over the past three months and 1535760 shares per day over the past ten days. A total of 113.68M shares are outstanding, with a floating share count of 95.98M. Insiders hold about 16.94% of the company’s shares, while institutions hold 76.01% stake in the company. Shares short for NCNO as of 1727654400 were 6261934 with a Short Ratio of 4.98, compared to 1724976000 on 5287093. Therefore, it implies a Short% of Shares Outstanding of 6261934 and a Short% of Float of 11.4700004.
