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Wednesday, February 1, 2023

Taking On Challenges And Growing? – National CineMedia Inc. (NCMI)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for National CineMedia Inc. (NCMI) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.0037, or -1.26%, to $0.29. The National CineMedia Inc. has recorded 1,294 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that NCM and Affinity Solutions’ Research Study Identifies Link Between In-Theater Experiences and Elevated Consumer Spend in New Economic Impact Report.

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Stocks Info

This NASDAQ-listed company operates within the Advertising Agencies industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $0.29 and fluctuated between $0.2990 as its day high and $0.2600 as its day low. The current market capitalization of National CineMedia Inc. is $26.03M. A total of 0.96 million shares were traded on the day, compared to an average of 1.01M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, NCMI has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 11 SELLs from insiders. Insiders purchased 364,586 shares during that period but sold 4,617,926.

In the most recent transaction, Ng Ronnie Y. sold 2,846 shares of NCMI for 0.75 per share on Sep 27. After the transaction, the Chief Financial Officer now owns 4,561 company shares. In a previous transaction on Sep 07, Standard General L.P. sold 4,516,890 shares at 0.90 per share. NCMI shares that 10% Owner owns now total 12,932,382.

Among the insiders who sold shares, Lesinski Thomas F. disposed of 31,536 shares on Aug 04 at a per-share price of $1.78. This resulted in the Chief Executive Officer holding 315,717 shares of NCMI after the transaction. In another insider transaction, Felenstein Scott D sold 381 shares at $0.94 per share on Jul 02. Company shares held by the President – Sales & Marketing now total 180,867.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. NCMI’s most recent ex-dividend date was 8/19/2022 when it declared a $0.03 quarterly dividend that was paid in cash on 9/6/2022. Previously, the company paid the dividend on 6/7/2022 with an ex-dividend date of 5/20/2022. The NCMI stock dividend was $0.03 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for NCMI in the last 3 months, the mean price target is $1.88 with high estimates of $3.50 and low estimates of $0.25. In terms of 52-week highs and lows, NCMI has a high of $3.41 and a low of $0.22.

As of this writing, NCMI has an earnings estimate of -$0.12 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.1 per share and a lower estimate of -$0.14. The company reported an EPS of -$0.2 in the last quarter, which was -25.00% lower than expectations of -$0.16.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NCMI is Buy with a score of 3.50. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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