Neo Concept International Group Holdings Ltd (NASDAQ: NCI) Recovers 82.09% From 52-Week Low, Is NCI Still A High-Risk, High-Reward Play?

Neo Concept International Group Holdings Ltd (NASDAQ:NCI) currently has a daily average trading volume of 1.37M but it saw 1023403 shares traded in last market. With a market cap of 12.95M USD, the company’s current market price of $0.64 came rising about 1.03 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.39 and as low as $0.35. In the recent trading on the day, stock has struck highest price mark of $0.5855 while lowest mark touched by it was $0.66.

Taking a look at 20-day trading activity of Neo Concept International Group Holdings Ltd (NCI) gives us an average price of $0.7218, while its current price level is -94.40% below from 52-week high level whereas it is 82.09% 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 $0.5738. A closer look into the stock’s movement over the week reveals that its volatility is standing at 52.19% during that period while stretching the period over a month that decreases to 28.58%. 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 48.30 which implies that the stock is in neutral territory.

Over the week, NCI’s stock price is moving -16.01% down while it is 26.24% when we observe its performance for the past one month. Year-to-date it is -93.29% down and over the past year.

Currently, Neo Concept International Group Holdings Ltd’s total number of outstanding shares is 20.32M.