It’s Not A Fantasy To Think That noco-noco Inc (NCNC) Has Big Future Potential

noco-noco Inc (NASDAQ:NCNC) currently has a daily average trading volume of 8.44M but it saw 5354054 shares traded in last market. With a market cap of 19.00M USD, the company’s current market price of $0.11 came rising about 7.00 while comparing to the previous closing price of $0.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.72 and as low as $0.09. In the recent trading on the day, stock has struck highest price mark of $0.0971 while lowest mark touched by it was $0.11.

Taking a look at 20-day trading activity of noco-noco Inc (NCNC) gives us an average price of $0.1253, while its current price level is -85.12% below from 52-week high level whereas it is 12.75% 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 $0.1518 while that of 200 days or SMA-200 reads an average of $0.1878. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.33% during that period while stretching the period over a month that decreases to 11.45%. 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 34.97 which implies that the stock is in neutral territory.

Over the week, NCNC’s stock price is moving -8.55% down while it is -26.05% when we observe its performance for the past one month. Year-to-date it is -42.26% down and over the past year, the stock is showing a downside performance of -83.91%.

Currently, noco-noco Inc’s total number of outstanding shares is 177.56M. Stock’s beta reads 1.19.