Why NetClass Technology Inc (NASDAQ: NTCL) At $12.57 Is Worth Your Money?

NetClass Technology Inc (NASDAQ:NTCL) does about 133.84K shares in volume on a normal day but saw 4527127 shares change hands in the recent trading day. The company now has a market cap of 198.10M USD. Its current market price is $12.57, marking a decrease of -28.17% compared to the previous close of $17.50. The 52 week high reached by this stock is $17.50 whilst the lowest price level in 52 weeks is $4.59.

NetClass Technology Inc (NTCL) has a 20-day trading average at $11.96 and the current price is -28.17% off the 52-week high compared with 173.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $9.95. If we look at the stock’s price movements over the week, volatility stands at 51.94%, which decreases to 28.59% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.46 to suggest the stock is neutral.

The current price level is 5.11%, 26.30%, and 47.37% away from its SMA20, SMA50, and SMA200 respectively, with the NTCL price moving below the 50-day SMA on current market day. NetClass Technology Inc (NTCL) stock is down -3.31% over the week and 79.57% over the past month. Its price is 114.87% year-to-date.

Outstanding shares total 15.56M with insiders holding 68.26% of the shares and institutional holders owning 0.09% of the company’s common stock. The company has a return on investment of -49.74% and return on equity of -39.86%. Price to book ratio is 74.29 and price to sales ratio is 19.61.