Zacks Investment Research downgraded National CineMedia, Inc. (NASDAQ:NCMI) to Hold in a report released today.
- Updated: November 30, 2016
Zacks Investment Research has downgraded National CineMedia, Inc. (NASDAQ:NCMI) to Hold in a report released on Thursday December 01, 2016.
Previously on 2/29/2016, Benchmark reported on National CineMedia, Inc. (NASDAQ:NCMI) held steady the target price at $19.00. At the time, this indicated a possible upside of 0.26%.
Yesterday National CineMedia, Inc. (NASDAQ:NCMI) traded -1.67% lower at $15.33. The company’s 50-day moving average is $14.48 and its 200-day moving average is $14.85. The last closing price is up 3.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 0 shares of the stock traded hands, down from an average trading volume of 218,438
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National CineMedia, Inc. has a PE ratio of 53.08 with a one year low of $13.37 and a one year high of $16.33 National CineMedia, Inc.’s market capitalization is presently $0.
A total of 10 analysts have released a report on National CineMedia, Inc.. Four analysts rating the company a strong buy, five analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $18.53.
General Company Details For National CineMedia, Inc. (NASDAQ:NCMI)
National CineMedia, Inc. (NCM, Inc.) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). NCM LLC operates the digital in-theatre media network in North America, through which it sells in-theatre and online advertising and promotions. The Company is engaged in advertising business. It operates through advertising segment. The Company's advertising and entertainment pre-show, FirstLook, lobby entertainment network (LEN) and programming are distributed across its digital content network (DCN) utilizing its digital content software (DCS). NCM, Inc. has no business operations or material assets. Its on-screen digital FirstLook pre-feature show consists of national and local advertising, as well as behind the scenes making-of and other entertainment content provided by its content partners and other clients. The Company's Lobby Entertainment Network (LEN) has approximately 3,104 screens in over 1,519 theatres connected to its DCN.
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