With 34.90M Outstanding Shares, Can Netcapital Inc (NASDAQ: NCPL) Deliver Big Short-Term Gains?

Netcapital Inc (NASDAQ:NCPL) currently has a daily average trading volume of 9.80M but it saw 4482347 shares traded in last market. With a market cap of 3.10M USD, the company’s current market price of $0.09 came falling about -6.32 while comparing to the previous closing price of $0.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.19 and as low as $0.09.

Taking a look at 20-day trading activity of Netcapital Inc (NCPL) gives us an average price of $0.1072, while its current price level is -92.53% below from 52-week high level whereas it is 1.37% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.1228 while that of 200 days or SMA-200 reads an average of $0.2175. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.27% during that period while stretching the period over a month that increases to 12.53%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.02 which implies that the stock is in neutral territory.

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Over the week, NCPL’s stock price is moving -10.56% down while it is -14.85% when we observe its performance for the past one month. Year-to-date it is -58.11% down and over the past year, the stock is showing a downside performance of -91.77%.

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Currently, Netcapital Inc’s total number of outstanding shares is 34.90M. Company’s return on investment (ROI) stands at -3.35% and return on equity (ROE) at -3.67%. Stock’s beta reads 0.50. Stock has a price to book (P/B) ratio of 0.04 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is -3.27% on average.

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