Stock Rating Upgrade
During the last several trading days the Value Trend Rating for National CineMedia Inc (NASDAQ: NCMI) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 11/8/24, National CineMedia Inc (NASDAQ: NCMI) stock declined by -4.6%, closing at $6.30. Moreover, above average trading volume at 141% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -12.4% 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 B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National CineMedia has a slightly negative Appreciation Score of 39 but a very high Power Rating of 91, and the Positive Value Trend Rating results.
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