Alert: Major Price Advance (3/19/24)-National CineMedia Inc (NASDAQ: NCMI).

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National CineMedia Inc (NASDAQ: NCMI) stock closed at $5.06 on 3/19/24 after a major increase of 19.9%. Moreover, exceptionally high trading volume at 1649% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 31.6% during the last week.

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Current PriceTarget Research Rating

NCMI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

National CineMedia is currently unrated.

Rating Review

The stock is currently unrated.

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