National Cinemedia Inc (NASDAQ:NCMI) shares, rose in value on Friday, March 28, with the stock price down by -7.27% to the previous day’s close as strong demand from buyers drove the stock to $5.61.
Actively observing the price movement in the last trading, the stock closed the session at $6.05, falling within a range of $5.595 and $6.04. The value of beta (5-year monthly) was 2.19. Referring to stock’s 52-week performance, its high was $7.60, and the low was $4.11. On the whole, NCMI has fluctuated by -14.87% over the past month.
With the market capitalization of National Cinemedia Inc currently standing at about $534.03 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 268.67M, with a low estimate of 34.4M and a high estimate of 36M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 35.13M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NCMI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of NCMI currently trading nearly -4.18% and -12.87% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.11, while the 7-day volatility ratio is showing 4.38% which for the 30-day chart, stands at 5.41%. Furthermore, National Cinemedia Inc (NCMI)’s beta value is 1.90, and its average true range (ATR) is 0.30.
A comparison of National Cinemedia Inc (NCMI) with its peers suggests the former has fared considerably weaker in the market. NCMI showed an intraday change of -7.27% in last session, and over the past year, it grew by 6.35%%.
Data on historical trading for National Cinemedia Inc (NASDAQ:NCMI) indicates that the trading volumes over the past 10 days have averaged 0.75 and over the past 3 months, they’ve averaged 602.64K. According to company’s latest data on outstanding shares, there are 95.76 million shares outstanding.
Nearly 29.49% of National Cinemedia Inc’s shares belong to company insiders and institutional investors own 55.72% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.74 million shares as on 2025-03-14, resulting in a short ratio of 6.95. According to the data, the short interest in National Cinemedia Inc (NCMI) stood at 698.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 4.6 million. The stock has fallen by -15.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NCMI stock heading into the next quarter.
