Spotting A Winner: Northann Corp (AMEX: NCL) Advances 5.80 And It Still Have Room To Run

Northann Corp (AMEX:NCL) currently has a daily average trading volume of 605.73K but it saw 967106 shares traded in last market. With a market cap of 26.17M USD, the company’s current market price of $0.29 came rising about 5.80 while comparing to the previous closing price of $0.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $0.69 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.241 while lowest mark touched by it was $0.31.

Taking a look at 20-day trading activity of Northann Corp (NCL) gives us an average price of $0.2151, while its current price level is -57.96% below from 52-week high level whereas it is 90.16% 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 $0.2164 while that of 200 days or SMA-200 reads an average of $0.2295. A closer look into the stock’s movement over the week reveals that its volatility is standing at 18.53% during that period while stretching the period over a month that decreases to 10.84%. 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 75.91 which implies that the stock is in overbought territory.

Over the week, NCL’s stock price is moving 38.10% up while it is 37.44% when we observe its performance for the past one month. Year-to-date it is 6.38% up and over the past year, the stock is showing a downside performance of -41.41%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Northann Corp’s total number of outstanding shares is 24.37M with 43.73% of that held by the insiders while 0.32% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -133.82% and return on equity (ROE) at -526.66%. Stock’s beta reads -2.09. Stock has a price to book (P/B) ratio of 5.01 while price to sale or P/S ratio amounts to 1.68. Its return on asset (ROA) is -27.75% on average.