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After finishing at $37.41 in the prior trading day, Ncino Inc (NASDAQ: NCNO) closed at $37.12, down -0.78%. In other words, the price has decreased by -$0.78 from its previous closing price. On the day, 1.65 million shares were traded. NCNO stock price reached its highest trading level at $37.93 during the session, while it also had its lowest trading level at $36.93.
Ratios:
Our goal is to gain a better understanding of NCNO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.73. 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, Needham on December 05, 2024, Reiterated its Buy rating but revised its target price to $45 from $40 previously.
On December 05, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight but kept the price unchanged to $38.
Raymond James Upgraded its Mkt Perform to Outperform on September 03, 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 Nov 06 ’24 when RUH WILLIAM J sold 20,000 shares for $40.00 per share. The transaction valued at 800,000 led to the insider holds 206,201 shares of the business.
Desmond Sean sold 30,000 shares of NCNO for $1,206,156 on Nov 06 ’24. The Chief Product Officer now owns 311,511 shares after completing the transaction at $40.21 per share. On Nov 06 ’24, another insider, Orenstein Gregory, who serves as the CFO & Treasurer of the company, sold 50,000 shares for $40.21 each. As a result, the insider received 2,010,345 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 4298273280 and an Enterprise Value of 4904692224. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.25 while its Price-to-Book (P/B) ratio in mrq is 3.94. 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 -1.66%, while the 200-Day Moving Average is calculated to be 12.82%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 1504800 shares per day over the last 10 days, according to various share statistics. A total of 115.65M shares are outstanding, with a floating share count of 98.01M. Insiders hold about 15.36% of the company’s shares, while institutions hold 86.20% stake in the company. Shares short for NCNO as of 1731628800 were 5259743 with a Short Ratio of 4.33, compared to 1728950400 on 6482496. Therefore, it implies a Short% of Shares Outstanding of 5259743 and a Short% of Float of 9.629999999999999.
