NCI Stock Surges 8.39% Amid Volatile Trading

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Nov 08, 2024

NCI International (NCI, Financial) experienced a significant stock price increase of 8.39%, reaching $0.770 per share with a trading volume of 106,965 shares and a turnover rate of 0.53%. The stock showed a price fluctuation of 5.63% during the trading session.

Recent financial reports indicate NCI achieved a revenue of $22.25 million and a net profit of $563,899.03, with earnings per share at $0.03. The company reported a gross profit of $2.35 million and a price-to-earnings ratio of 26.62.

No institutional ratings have been issued for NCI, with no recommendations for buying, holding, or selling the stock at this time.

Within the apparel manufacturing sector, which saw an overall decline of 0.17%, NCI and peers such as Children's Place and Xcel Brands, Inc. recorded notable gains. Active stocks in the sector included Figs, Inc., Under Armour-A, and Children's Place, with turnover rates of 5.33%, 2.07%, and 1.68%, respectively. Stocks with significant price swings included Under Armour-A, Under Armour-C, and NCI, with price fluctuations of 12.22%, 10.36%, and 9.80% respectively.

NCI International Group Holdings Limited offers comprehensive apparel solutions, providing a full range of supply chain services for the European and North American markets through Neo-Concept HK. These services include market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.