What’s the Analyst Recommendation for nCino Inc. (NCNO)?

nCino Inc. (NCNO) share price soared 3.12% with the closing price of $78.68 on Thursday. nCino Inc. stock has an exchanging volume of 4.26 million shares, which is high, contrasted with its 3-months average volume of 689.02K shares. Its market capitalization has now reached to $7.33B and analysts have a consensus target price of $93.83 in the 12-month period.

nCino Announces Upsizing and Pricing of Secondary Offering of Common Stock on October 8, 2020 news published at Yahoo.

Raymond James announced it was Initiated coverage of nCino Inc. in a research note on August 10, 2020. Piper Sandler rated the stock as an Overweight in a research noted published on August 10, 2020. Macquarie rated the stock as an Outperform in a research note published on August 10, 2020.

NCNO Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, NCNO price has dropped by -0.35% and -14.10% since the start of the year.

NCNO Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Oct 2020), the firm recorded a revenue of 48.77 billion, which was higher than the gauge of 49.51M made by certain experts. For that equivalent quarter, nCino Inc. posted -$0.01 earnings per share (EPS) which was above the consensus estimate of -$0.05 by $0.04, which represents to an expansion by 80.00%.

NCNO Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on nCino Inc. has seen its stock exchanging -24.31% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +17.75% above its three-month low. A more extensive look sees NCNO exchanging -24.31% beneath its 52-week high and 17.75% above from its 52-week low price.

NCNO Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 6.11%, while it has a month to month instability of 6.56%. The company has an ATR (Average True Range) of 5.50.

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