National CineMedia (NASDAQ:NCMI) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

National CineMedia, Inc. (NASDAQ:NCMI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.74 and traded as high as $7.19. National CineMedia shares last traded at $7.19, with a volume of 457,732 shares changing hands.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NCMI. Wedbush reiterated a "neutral" rating and issued a $7.50 price objective (up from $6.00) on shares of National CineMedia in a research report on Monday, November 4th. Barrington Research lifted their price objective on shares of National CineMedia from $7.50 to $8.25 and gave the company an "outperform" rating in a research report on Wednesday, November 6th. Finally, StockNews.com lowered shares of National CineMedia from a "hold" rating to a "sell" rating in a research report on Monday, January 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $8.06.

National CineMedia Trading Down 1.7 %

The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.03. The business has a fifty day simple moving average of $6.74 and a 200 day simple moving average of $6.76. The company has a market cap of $671.08 million, a price-to-earnings ratio of -28.28 and a beta of 2.06.

Insider Buying and Selling at National CineMedia

In other National CineMedia news, EVP Maria Vg Woods sold 23,742 shares of the firm's stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $6.51, for a total value of $154,560.42. Following the completion of the sale, the executive vice president now owns 66,987 shares of the company's stock, valued at approximately $436,085.37. This trade represents a 26.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.25% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Summit Securities Group LLC acquired a new position in shares of National CineMedia during the 4th quarter worth $53,000. BNP Paribas Financial Markets acquired a new position in shares of National CineMedia during the 4th quarter worth $57,000. DRW Securities LLC acquired a new position in shares of National CineMedia during the 4th quarter worth $73,000. Quarry LP acquired a new position in shares of National CineMedia during the 4th quarter worth $91,000. Finally, Ieq Capital LLC acquired a new position in shares of National CineMedia during the 4th quarter worth $93,000. Institutional investors and hedge funds own 69.49% of the company's stock.

About National CineMedia

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.