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.
The closing price of Neo Concept International Group Holdings Ltd (NASDAQ: NCI) was $0.67 for the day, down -8.02% from the previous closing price of $0.73. In other words, the price has decreased by -$8.02 from its previous closing price. On the day, 0.61 million shares were traded. NCI stock price reached its highest trading level at $0.7401 during the session, while it also had its lowest trading level at $0.6631.
Ratios:
Our analysis of NCI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 1.52 whereas as Long-Term Debt/Eq ratio is at 0.46.
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 Nov 15 ’24 when Neo-concept (BVI) Ltd bought 2,000,000 shares for $0.68 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCI now has a Market Capitalization of 13653007 and an Enterprise Value of 57248948. Its current Enterprise Value per Revenue stands at 0.329 whereas that against EBITDA is 6.305.
Stock Price History:
Over the past 52 weeks, NCI has reached a high of $11.39, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 9.34%, while the 200-Day Moving Average is calculated to be -8.68%.
Shares Statistics:
NCI traded an average of 1.43M shares per day over the past three months and 4413980 shares per day over the past ten days. A total of 20.32M shares are outstanding, with a floating share count of 20.32M. Insiders hold about 0.00% of the company’s shares, while institutions hold 0.08% stake in the company. Shares short for NCI as of 1732838400 were 101840 with a Short Ratio of 0.07, compared to 1730332800 on 309141. Therefore, it implies a Short% of Shares Outstanding of 101840 and a Short% of Float of 2.71.
