Putting The Spotlight On noco-noco Inc (NCNC)

noco-noco Inc (NASDAQ:NCNC) currently has a daily average trading volume of 307.07K but it saw 297015190 shares traded in last market. With a market cap of 38.87M USD, the company’s current market price of $0.29 came rising about 87.58 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.70 and as low as $0.12.

Taking a look at 20-day trading activity of noco-noco Inc (NCNC) gives us an average price of $0.1954, while its current price level is -97.32% below from 52-week high level whereas it is 131.27% 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 $0.1907 while that of 200 days or SMA-200 reads an average of $0.2282. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.54% during that period while stretching the period over a month that decreases to 14.10%. 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 71.25 which implies that the stock is in overbought territory.

Over the week, NCNC’s stock price is moving 35.38% up while it is 64.75% when we observe its performance for the past one month. Year-to-date it is 54.88% up and over the past year, the stock is showing a downside performance of -97.31%.

Currently, noco-noco Inc’s total number of outstanding shares is 135.43M. Company’s return on investment (ROI) stands at 1.11% and return on equity (ROE) at 0.96%. It has a price to earnings ratio (P/E ratio) of 4.40. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 0.04. Its return on asset (ROA) is 0.91% on average.