NCI Inc. (NASDAQ:NCIT) was down 10.9% on Thursday . The company traded as low as $12.31 and last traded at $12.54, with a volume of 94,799 shares trading hands. The stock had previously closed at $14.08.

A number of equities research analysts have weighed in on NCIT shares. TheStreet upgraded shares of NCI from a “hold” rating to a “buy” rating in a research report on Wednesday, May 25th. Zacks Investment Research cut shares of NCI from a “buy” rating to a “hold” rating in a research report on Thursday, June 30th. Finally, FBR & Co reiterated a “hold” rating on shares of NCI in a research report on Thursday, April 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. NCI presently has an average rating of “Buy” and an average price target of $14.70.

The company has a market capitalization of $171.35 million and a price-to-earnings ratio of 13.23. The firm’s 50 day moving average price is $13.47 and its 200 day moving average price is $13.67.

NCI (NASDAQ:NCIT) last posted its quarterly earnings results on Wednesday, July 27th. The company reported $0.23 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.23. During the same period last year, the company earned $0.22 earnings per share. The company had revenue of $81.90 million for the quarter, compared to analyst estimates of $85.10 million. The business’s revenue for the quarter was down 4.5% compared to the same quarter last year. On average, equities analysts anticipate that NCI Inc. will post $0.94 EPS for the current year.

A number of large investors have modified their holdings of the stock. Bailard Inc. acquired a new stake in shares of NCI during the fourth quarter worth approximately $1,040,000. Morgan Stanley boosted its stake in shares of NCI by 209.8% in the fourth quarter. Morgan Stanley now owns 90,526 shares of the company’s stock worth $1,236,000 after buying an additional 61,301 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of NCI by 14.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 257,374 shares of the company’s stock worth $3,513,000 after buying an additional 33,381 shares during the last quarter.

NCI, Inc is a provider of enterprise services and solutions to defense, intelligence, healthcare and civilian government agencies. The Company provides information technology (IT), and professional services and solutions by leveraging its core service offerings, which include cloud computing and IT infrastructure optimization; cybersecurity and information assurance; engineering and logistics support; enterprise information management and advanced analytics; health IT and medical support; IT service management; modeling, simulation, and training, and agile development and integration.

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