Stocks of Ncino Inc (NASDAQ:NCNO) traded higher last session on Wall Street, up 2.37% to $28.12.
NCNO stock price is now -9.86% away from the 50-day moving average and -15.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.26B.
With the price target maintained at $44, Barclays recently Upgraded its rating from Equal Weight to Overweight for Ncino Inc (NASDAQ: NCNO). On December 16, 2024, UBS recently initiated its ‘Buy’ rating on the stock quoting a target price of $44, while ‘Needham’ rates the stock as ‘Buy’
In other news, Sellers Jeanette, VP of Accounting sold 468 shares of the company’s stock on Feb 04 ’25. The stock was sold for $15,258 at an average price of $32.60. Upon completion of the transaction, the VP of Accounting now directly owns 22,602 shares in the company, valued at $0.64 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 04 ’25, Chief Lgl. & Compl. Ofc., Sec. Rieger April sold 4,325 shares of the business’s stock. A total of $141,008 was realized by selling the stock at an average price of $32.60. This leaves the insider owning 145,953 shares of the company worth $4.1 million. A total of 8.60% of the company’s stock is owned by insiders.
During the past 12 months, Ncino Inc has had a low of $27.29 and a high of $43.20. As of last week, the company has a debt-to-equity ratio of 0.22, a current ratio of 1.88, and a quick ratio of 1.88. The fifty day moving average price for NCNO is $31.1972 and a two-hundred day moving average price translates $33.406975 for the stock.
The latest earnings results from Ncino Inc (NASDAQ: NCNO) was released for 2024-10-31. The net profit margin was -3.46% and return on equity was -1.71% for NCNO. The company reported revenue of $138.8 million for the quarter, compared to $121.94 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.82 percent.
