In the last trading session, 1.37 million shares of the Netcapital Inc (NASDAQ:NCPL) were traded, and its beta was 0.64. Most recently the company’s share price was $1.60, and it changed around -$0.09 or -5.33% from the last close, which brings the market valuation of the company to $1.73M. NCPL currently trades at a discount to its 52-week high of $34.23, offering almost -2039.37% off that amount. The share price’s 52-week low was $1.41, which indicates that the current value has risen by an impressive 11.88% since then. We note from Netcapital Inc’s average daily trading volume that its 10-day average is 1.05 million shares, with the 3-month average coming to 278.05K.
Netcapital Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended NCPL as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Netcapital Inc is expected to report earnings per share of -1.29 for the current quarter.
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Netcapital Inc (NASDAQ:NCPL) trade information
Instantly NCPL has showed a red trend with a performance of -5.33% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.1700 on recent trading dayincreased the stock’s daily price by 26.27%. The company’s shares are currently down -89.23% year-to-date, but still up 1.91% over the last five days. On the other hand, Netcapital Inc (NASDAQ:NCPL) is 0.63% up in the 30-day period. We can see from the shorts that 34809.0 shares have been sold at a short interest cover period of 0.16 day(s).
Netcapital Inc (NCPL) estimates and forecasts
Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -146.10% in revenue this quarter, and will report an increase of 94.50% in the next quarter. The year-over-year growth rate is expected to be -28.10%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.05M in revenue for the current quarter. 1 analysts expect Netcapital Inc to make 1.14M in revenue for the current ending quarter.
NCPL Dividends
Netcapital Inc’s next quarterly earnings report is expected to be released in November.
Netcapital Inc (NASDAQ:NCPL)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.70% of Netcapital Inc shares, and 0.99% of them are in the hands of institutional investors. The stock currently has a share float of 1.08%. Netcapital Inc stock is held by 11.0 institutions, with BARD ASSOCIATES INC being the largest institutional investor. By 2024-06-30, it held 9.7868% of the shares, which is about 1.12 million shares worth $0.12 million.
JANE STREET GROUP, LLC, with 0.9607% or 0.11 million shares worth $12018.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
