Intercont (Cayman) (NASDAQ:NCT) Shares Up 4.2% – Here’s What Happened

Intercont (Cayman) Limited (NASDAQ:NCT)’s share price was up 4.2% during mid-day trading on Friday . The stock traded as high as $0.2711 and last traded at $0.2650. Approximately 285,002 shares traded hands during trading, a decline of 80% from the average daily volume of 1,398,624 shares. The stock had previously closed at $0.2543.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Intercont (Cayman) in a research note on Monday, December 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

Intercont (Cayman) Trading Up 4.2%

The company’s fifty day moving average is $0.82 and its two-hundred day moving average is $2.06.

Intercont (Cayman) (NASDAQ:NCT) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $5.87 million during the quarter.

About Intercont (Cayman)

Intercont (Cayman), doing business as NetCents Technology Inc, operates a cloud-based payments-as-a-service platform that enables merchants to accept both traditional payment methods—such as credit and debit cards, direct bank transfers—and digital currencies through a single integration. The company’s API-driven solution supports online storefronts, hosted checkout pages and in-store terminals, offering a seamless payment experience for end consumers while simplifying back-end processing for merchants.

Legally domiciled in the Cayman Islands and founded in 2013, NetCents maintains its operational headquarters in Kelowna, British Columbia.