Should investors be concerned about NCI’s high price-to-sales ratio?

In the current trading session, Neo Concept International Group Holdings Ltd’s (NCI) stock is trading at the price of $1.18, a gain of 28.26% over last night’s close. So, the stock is trading at a price that is -89.64% less than its 52-week high of $11.39 and 237.05% better than its 52-week low of $0.35. Based on the past 30-day period, the stock price is -2.57% below the high and +128.90% above the low.

How does Neo Concept International Group Holdings Ltd (NCI) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 3 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.

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Neo Concept International Group Holdings Ltd (NCI): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 2 different analysts, who are expecting earnings to fall in between the range of 0.27 and 0.25 with an average Earnings Estimate of 0.26 which is in contrast with the last year earnings estimate of 0.15 and also replicates 73.33% growth rate year over year.

An overview of Neo Concept International Group Holdings Ltd’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Neo Concept International Group Holdings Ltd (NCI) traded 1,534,587 shares per day, with a moving average of $0.6751 and price change of +0.5410. With the moving average of $0.5506 and a price change of +0.6879, about 1,152,359 shares changed hands on average over the past 50 days. Finally, NCI’s 100-day average volume is 928,145 shares, alongside a moving average of $0.5930 and a price change of +0.3130.

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