Let’s look at the key reasons that are pushing Navitas Semiconductor Corporation (NVTS) to new highs

A new trading day began on June 22, 2022, with Navitas Semiconductor Corporation (NASDAQ: NVTS) stock priced at $5.03, down -7.74% from the previous day of trading. During the day, the shares moved up to $5.18 and dropped to $4.73 before settling in for the closing price of $5.17. NVTS’s price has ranged from $4.90 to $22.19 over the past 52 weeks.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.


Meanwhile, its annual earnings per share averaged -701.60%. With a float of $86.68 million, this company’s outstanding shares have now reached $119.54 million.

Let’s determine the extent of company efficiency that accounts for 162 employees. In terms of profitability, gross margin is +45.02, operating margin of -288.08, and the pretax margin is -643.07.

Navitas Semiconductor Corporation (NVTS) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Navitas Semiconductor Corporation is 6.10%, while institutional ownership is 32.80%.

Navitas Semiconductor Corporation (NVTS) Recent Fiscal highlights

In its latest quarterly report, released on 12/30/2021, the company reported earnings of -$0.07 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -643.26 while generating a return on equity of -104.60. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -701.60% per share during the next fiscal year.

Navitas Semiconductor Corporation (NASDAQ: NVTS) Trading Performance Indicators

Here are Navitas Semiconductor Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 20.70. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 21.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.62, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.23 in one year’s time.

Technical Analysis of Navitas Semiconductor Corporation (NVTS)

Looking closely at Navitas Semiconductor Corporation (NASDAQ: NVTS), its last 5-days average volume was 1.54 million, which is a jump from its year-to-date volume of 1.26 million. As of the previous 9 days, the stock’s Stochastic %D was 12.35%. Additionally, its Average True Range was 0.56.

During the past 100 days, Navitas Semiconductor Corporation’s (NVTS) raw stochastic average was set at 0.53%, which indicates a significant decrease from 1.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 102.71% in the past 14 days, which was higher than the 99.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.92, while its 200-day Moving Average is $10.88. However, in the short run, Navitas Semiconductor Corporation’s stock first resistance to watch stands at $5.06. Second resistance stands at $5.34. The third major resistance level sits at $5.51. If the price goes on to break the first support level at $4.61, it is likely to go to the next support level at $4.44. Now, if the price goes above the second support level, the third support stands at $4.16.

Navitas Semiconductor Corporation (NASDAQ: NVTS) Key Stats

With a market capitalization of 540.58 million, the company has a total of 123,691K Shares Outstanding. Currently, annual sales are 23,740 K while annual income is -152,690 K. The company’s previous quarter sales were 6,740 K while its latest quarter income was 79,790 K.


Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...



Don't miss

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

A major move is in the offing as Cue Health Inc. (HLTH) market cap hits 523.33 million

Cue Health Inc. (NASDAQ: HLTH) on June 28, 2022, started off the session at the price of $3.70, plunging -9.04% from the previous trading...

Shoals Technologies Group Inc. (SHLS) ticks all the boxes for top investors with its surprise performance of 15.15% last month.

June 28, 2022, Shoals Technologies Group Inc. (NASDAQ: SHLS) trading session started at the price of $18.11, that was -5.68% drop from the session...

Rekor Systems Inc. (REKR) last year’s performance of -83.16% is a clear signal for an entertaining trading season.

On June 28, 2022, Rekor Systems Inc. (NASDAQ: REKR) opened at $2.05, lower -9.09% from the last session. During the day, the shares moved...


Please enter your comment!
Please enter your name here




Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam