Netcapital Inc (NASDAQ:NCPL) shares, rose in value, with the stock price up by 31.52% to the previous day’s close as strong demand from buyers drove the stock to $5.09.
Actively observing the price movement in the recent trading, the stock is buoying the session at $3.87. Referring to stock’s 52-week performance, its high was $11.90, and the low was $1.41. On the whole, NCPL has fluctuated by 144.71% over the past month.
With the market capitalization of Netcapital Inc currently standing at about $11.15 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2024-Dec-16.
The stock’s technical analysis shows that the price of NCPL currently trading nearly 84.53% and 124.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 76.91, while the 7-day volatility ratio is showing 17.91% which for the 30-day chart, stands at 12.67%. Furthermore, Netcapital Inc (NCPL)’s beta value is 0.61, and its average true range (ATR) is 0.48.
A comparison of Netcapital Inc (NCPL) with its peers suggests the former has fared considerably weaker in the market. NCPL showed an intraday change of 31.52% in today’s session so far, and over the past year, it shrunk by -21.64%%.
Data on historical trading for Netcapital Inc (NASDAQ:NCPL) indicates that the trading volumes over the past 3 months, they’ve averaged 173.03K. According to company’s latest data on outstanding shares, there are 2.19 million shares outstanding.
Nearly 1.81% of Netcapital Inc’s shares belong to company insiders and institutional investors own 1.69% of the company’s shares. The stock has risen by 144.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NCPL stock heading into the next quarter.
