Netcapital Inc. (NASDAQ:NCPL) shares climbed 19.63% to $1.28 in after-hours trading on Tuesday.
NCPL shares surged 30.65% intraday to $1.07, according to Benzinga Pro data.
The stock move came as the Boston-based capital markets technology company is set to host a business update conference call on Thursday at 4:30 p.m. ET.
The announcement was made by Netcapital on May 22. Newly appointed CEO Todd Violette will lead the call, outlining the company’s ongoing business transformation, near-term priorities, and plans to leverage its regulatory infrastructure, proprietary market data, and AI-powered solutions to support growth-stage companies and expand its private capital markets platform.
Trading Metrics, Technical Analysis
Netcapital has a market capitalization of $8.43 million, a 52-week high of $8.75 and a 52-week low of $0.31.
The Relative Strength Index (RSI) of NCPL stands at 88.62.
The small-cap stock has dropped 47.80% over the past 12 months, but is up 62.12% year to date.
Currently, the stock is positioned close to its annual low.
Benzinga’s Edge Stock Rankings indicate that NCPL stock is experiencing long-term consolidation along with medium and short-term upward movement.
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.