National Cinemedia Inc’s recent filing unveils that its Chief Financial Officer Ng Ronnie Y. unloaded Company’s shares for reported $0.11 million on Mar 19 ’25. In the deal valued at $6.03 per share,17,669 shares were sold. As a result of this transaction, Ng Ronnie Y. now holds 122,539 shares worth roughly $0.71 million.
Then, RONNIE NG bought 17,669 shares, generating $101,597 in total proceeds.
Before that, Woods Maria VG sold 20,118 shares. National Cinemedia Inc shares valued at $119,167 were divested by the EVP – General Counsel at a price of $5.92 per share. As a result of the transaction, Woods Maria VG now holds 90,011 shares, worth roughly $0.52 million.
Wedbush upgraded its National Cinemedia Inc [NCMI] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who increased its forecast for the stock in mid August from “a Speculative buy” to “a Buy”. B. Riley Securities also remained covering NCMI and has increased its forecast on March 19, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of NCMI
On Friday, National Cinemedia Inc [NASDAQ:NCMI] saw its stock jump 1.58% to $5.77. Over the last five days, the stock has gained 0.87%. National Cinemedia Inc shares have fallen nearly -13.10% since the year began. Nevertheless, the stocks have risen 16.57% over the past one year. While a 52-week high of $7.60 was reached on 02/14/25, a 52-week low of $4.11 was recorded on 03/07/25. SMA at 50 days reached $6.26, while 200 days put it at $6.41.
Levels Of Support And Resistance For NCMI Stock
The 24-hour chart illustrates a support level at 5.67, which if violated will result in even more drops to 5.57. On the upside, there is a resistance level at 5.84. A further resistance level may holdings at 5.90. The Relative Strength Index (RSI) on the 14-day chart is 46.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.82%. Stochastics %K at 51.58% indicates the stock is a holding.
How much short interest is there in National Cinemedia Inc?
A steep rise in short interest was recorded in National Cinemedia Inc stocks on 2025-03-31, growing by 0.68 million shares to a total of 5.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.58 million shares. There was a rise of 12.95%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 03, 2023 when B. Riley Securities resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $0.25.
