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As of close of business last night, Ncino Inc.’s stock clocked out at $38.25, up 1.86% from its previous closing price of $37.55. In other words, the price has increased by $1.86 from its previous closing price. On the day, 1.7 million shares were traded. NCNO stock price reached its highest trading level at $38.33 during the session, while it also had its lowest trading level at $36.89.
Ratios:
To gain a deeper understanding of NCNO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 61.98. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 21 ’24 when RUH WILLIAM J sold 10,000 shares for $37.50 per share. The transaction valued at 375,000 led to the insider holds 226,201 shares of the business.
HORING JEFF sold 1,833,975 shares of NCNO for $67,166,400 on Oct 18 ’24. The Director now owns 12,513,467 shares after completing the transaction at $36.62 per share. On Oct 18 ’24, another insider, Insight Holdings Group, LLC, who serves as the Director of the company, sold 678,426 shares for $36.62 each. As a result, the insider received 24,846,267 and left with 990,989 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 4420170240 and an Enterprise Value of 4413564416. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.73 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 8.72 whereas that against EBITDA is 177.723.
Stock Price History:
Over the past 52 weeks, NCNO has reached a high of $37.86, while it has fallen to a 52-week low of $27.27. The 50-Day Moving Average of the stock is 18.33%, while the 200-Day Moving Average is calculated to be 20.93%.
Shares Statistics:
It appears that NCNO traded 1.26M shares on average per day over the past three months and 1875440 shares per day over the past ten days. A total of 113.68M shares are outstanding, with a floating share count of 96.24M. Insiders hold about 16.72% of the company’s shares, while institutions hold 76.63% stake in the company. Shares short for NCNO as of 1727654400 were 6261934 with a Short Ratio of 4.97, compared to 1724976000 on 5287093. Therefore, it implies a Short% of Shares Outstanding of 6261934 and a Short% of Float of 11.4700004.
