On 8/6/24, National CineMedia Inc (NASDAQ: NCMI) stock enjoyed a major increase of 19.1%, closing at $6.29. Moreover, exceptionally high trading volume at 255% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.0% during the last week.
Current PriceTarget Research Rating
NCMI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
National CineMedia has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National CineMedia has a poor Appreciation Score of 28 but a very high Power Rating of 86, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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