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In the latest session, Ncino Inc (NASDAQ: NCNO) closed at $37.28 down -12.28% from its previous closing price of $42.50. In other words, the price has decreased by -$12.28 from its previous closing price. On the day, 4.95 million shares were traded. NCNO stock price reached its highest trading level at $40.29 during the session, while it also had its lowest trading level at $35.58.
Ratios:
For a deeper understanding of Ncino Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 34.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.40. 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.
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 Dec-06-24, Reiterated its Buy rating but revised its target price to $45 from $40 previously.
On December 06, 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 4911266816 and an Enterprise Value of 4904692224. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.51 while its Price-to-Book (P/B) ratio in mrq is 4.00. 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 -0.59%, while the 200-Day Moving Average is calculated to be 13.57%.
Shares Statistics:
For the past three months, NCNO has traded an average of 1.14M shares per day and 928020 over the past ten days. A total of 115.39M shares are outstanding, with a floating share count of 97.81M. Insiders hold about 15.36% of the company’s shares, while institutions hold 86.36% stake in the company. Shares short for NCNO as of 1731628800 were 5259743 with a Short Ratio of 4.62, compared to 1728950400 on 6482496. Therefore, it implies a Short% of Shares Outstanding of 5259743 and a Short% of Float of 9.629999999999999.
