Neo Concept International Group Holdings Ltd [NASDAQ: NCI] gained 12.78% or 0.23 points to close at $2.03 with a heavy trading volume of 19027577 shares.
It opened the trading session at $2.17, the shares rose to $2.95 and dropped to $1.76, the range by which the price of stock traded the whole day. The daily chart for NCI points out that the company has recorded -3.36% loss over the past six months.
If we look at the average trading volume of 128.35K shares, NCI reached to a volume of 19027577 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Neo Concept International Group Holdings Ltd [NCI]:
The Price to Book ratio for the last quarter was 1.13, with the Price to Cash per share for the same quarter was set at 0.29.
Trading performance analysis for NCI stock
Neo Concept International Group Holdings Ltd [NCI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 23.78. With this latest performance, NCI shares gained by 10.33% in over the last four-week period, additionally sinking by -3.36% over the last 6 months – not to mention a drop of -38.48% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NCI stock in for the last two-week period is set at 61.58, with the RSI for the last a single of trading hit 0.2400, and the three-weeks RSI is set at 0.2100 for Neo Concept International Group Holdings Ltd [NCI]. The present Moving Average for the last 50 days of trading for this stock 1.9900, while it was recorded at 1.7800 for the last single week of trading, and 2.3000 for the last 200 days.
Neo Concept International Group Holdings Ltd [NCI]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Neo Concept International Group Holdings Ltd [NCI] shares currently have an operating margin of 4.92% and a Gross Margin at 20.98%. Neo Concept International Group Holdings Ltd’s Net Margin is presently recorded at 3.42%.
Neo Concept International Group Holdings Ltd (NCI) Capital Structure & Debt Analysis
Neo Concept International Group Holdings Ltd (NCI) Efficiency & Liquidity Metrics
Based on Neo Concept International Group Holdings Ltd’s (NCI) latest financial statements, the Debt-to-Equity Ratio is 1.22%, indicating its reliance on debt financing relative to shareholder equity.
Neo Concept International Group Holdings Ltd (NCI) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Neo Concept International Group Holdings Ltd [NCI]
There are presently around $0.46%, or 4.64%% of NCI stock, in the hands of institutional investors.
