Netcapital Inc (NCPL) Reports -91.43% Fall From For 52 Week High, It’s Always Darkest Before The Dawn

Netcapital Inc (NASDAQ:NCPL) does about 9.57M shares in volume on a normal day but saw 2143429 shares change hands in Friday trading. The company now has a market cap of 3.56M USD. Its current market price is $0.10, marking no change compared to the previous close of $0.10. The 52 week high reached by this stock is $1.19 whilst the lowest price level in 52 weeks is $0.09.

Netcapital Inc (NCPL) has a 20-day trading average at $0.1090 and the current price is -91.43% off the 52-week high compared with 16.31% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1253 and its 200-day simple moving average is $0.2228. If we look at the stock’s price movements over the week, volatility stands at 7.23%, which increases to 13.60% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.23 to suggest the stock is neutral.

The consensus objective for the share price is $0.20, suggesting that the stock has a potential upside of 50.0% over the period.

#####

#####

Netcapital Inc (NCPL) stock is down -7.10% over the week and -6.42% over the past month. Its price is -51.93% year-to-date and -90.89% over the past year.

#####

To reach the target analysts have set, the stock logically needs to grow 50.0 percent from here.

The company has a return on investment of -3.35% and return on equity of -3.67%. The beta has a value of 0.51. Price to book ratio is 0.04 and price to sales ratio is 0.46.

#####