The Short-term Rise and Fall of Neo Concept International Group Holdings Ltd (NCI) Stock

Neo Concept International Group Holdings Ltd [NCI] stock is trading at $2.03, up 12.78%. An important factor to consider is whether the stock is rising or falling in short-term value. The NCI shares have gain 23.78% over the last week, with a monthly amount glided 10.33%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Neo Concept International Group Holdings Ltd [NCI] stock has fluctuated between $1.40 and $9.00 over the past year. Neo Concept International Group Holdings Ltd [NASDAQ: NCI] shares were valued at $2.03 at the most recent close of the market.

Analyzing the NCI fundamentals

Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.22.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5300 points at the first support level, and at 1.0200 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.7500, and for the 2nd resistance point, it is at 3.4600.

Ratios To Look Out For

For context, Neo Concept International Group Holdings Ltd’s Current Ratio is 1.84. On the other hand, the Quick Ratio is 1.75, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.27, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 7.97.

Transactions by insiders

Recent insider trading involved Neo-concept (BVI) Ltd, shareholder, that happened on Nov 15 ’24 when 2.0 million shares were purchased.

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