Is It Time To Revisit nCino (NCNO) After Steep Share Price Declines?
- If you are wondering whether nCino is starting to look attractively priced or just risky after a rough stretch, this article walks through what the current share price might be telling you.
- The stock last closed at US$15.81, with returns of 3.3% decline over 7 days, 35.4% decline over 30 days, 35.9% decline year to date, 49.2% decline over 1 year and 40.5% decline over 3 years, while the 5 year return sits at 76.7% decline.
- Recent news around nCino has focused on its role as a cloud banking platform provider and how banks and financial institutions use its software to manage lending, onboarding and other workflows. This context helps frame why the stock can be sensitive to sentiment around software spending, bank technology budgets and…
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