Ideas And Forecasts On noco-noco Inc (NASDAQ: NCNC)

noco-noco Inc (NASDAQ:NCNC) currently has a daily average trading volume of 6.81M but it saw 2154948 shares traded in last market. With a market cap of 0.33M USD, the company’s current market price of $0.09 came falling about -10.14 while comparing to the previous closing price of $0.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.37 and as low as $0.08. In the recent trading on the day, stock has struck highest price mark of $0.09 while lowest mark touched by it was $0.1028.

Taking a look at 20-day trading activity of noco-noco Inc (NCNC) gives us an average price of $0.1045, while its current price level is -74.71% below from 52-week high level whereas it is 18.35% 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 $0.1251 while that of 200 days or SMA-200 reads an average of $0.1834. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.68% during that period while stretching the period over a month that increases to 23.55%. 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 41.79 which implies that the stock is in neutral territory.

Over the week, NCNC’s stock price is moving -0.11% down while it is -13.82% when we observe its performance for the past one month. Year-to-date it is -48.84% down and over the past year, the stock is showing a downside performance of -74.66%.

Currently, noco-noco Inc’s total number of outstanding shares is 177.56M. Stock’s beta reads 1.34.