After Hours
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. Earlier, Yahoo Finance discussed this stock as it revealed The Saikyo Bank Partners with nCino to Enhance Operational Efficiency and Customer-Centric Services.
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Stocks Info
The company is listed on the NASDAQ and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $30.03 and fluctuated between $30.30 as its day high and $29.66 as its day low. The current market capitalization of Ncino Inc. is $3.40B. A total of 0.82 million shares were traded on the day, compared to an average of 673.60K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, NCNO 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 38 SELLs from insiders. Insiders purchased 870,275 shares during that period but sold 506,925.
In the most recent transaction, Sellers Jeanette sold 894 shares of NCNO for 31.18 per share on Feb 07. After the transaction, the VP of Accounting now owns 20,770 company shares. In a previous transaction on Feb 06, Naude Pierre sold 5,526 shares at 31.00 per share. NCNO shares that CEO owns now total 1,013,015.
Among the insiders who sold shares, Glover Joshua L disposed of 1,898 shares on Feb 06 at a per-share price of $31.00. This resulted in the President & Chief Rev Officer holding 364,532 shares of NCNO after the transaction. In another insider transaction, Orenstein Gregory sold 1,612 shares at $31.00 per share on Feb 06. Company shares held by the CFO & Treasurer now total 217,400.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, NCNO has a high of $35.83 and a low of $19.58.
As of this writing, NCNO has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $0.13 per share and a lower estimate of $0.11. The company reported an EPS of $0.09 in the last quarter, which was 28.60% higher than expectations of $0.07.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NCNO’s latest balance sheet shows that the firm has $88.01M in Cash & Short Term Investments as of fiscal 2022. There were $48.84M in debt and $174.38M in liabilities at the time. Its Book Value Per Share was $9.10, while its Total Shareholder’s Equity was $1.07B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 NCNO is Buy with a score of 3.86.
