NetClass Technology Inc (NASDAQ:NTCL) shares, rose in value on Friday, May 30, with the stock price up by 3.32% to the previous day’s close as strong demand from buyers drove the stock to $3.42.
Actively observing the price movement in the last trading, the stock closed the session at $3.31. Referring to stock’s 52-week performance, its high was $51.80, and the low was $2.90. On the whole, NTCL has fluctuated by -76.25% over the past month.
With the market capitalization of NetClass Technology Inc currently standing at about $53.90 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
The stock’s technical analysis shows that the price of NTCL currently trading nearly -78.37% and -72.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.50, while the 7-day volatility ratio is showing 15.64% which for the 30-day chart, stands at 30.29%. Furthermore, NetClass Technology Inc (NTCL)’s average true range (ATR) is 4.74.
Data on historical trading for NetClass Technology Inc (NASDAQ:NTCL) indicates that the trading volumes over the past 3 months, they’ve averaged 532.56K. According to company’s latest data on outstanding shares, there are 15.56 million shares outstanding.
Nearly 81.25% of NetClass Technology Inc’s shares belong to company insiders and institutional investors own 0.00% of the company’s shares. The stock has fallen by -41.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NTCL stock heading into the next quarter.
