Navitas Semiconductor Corporation (NVTS) EPS is poised to hit -0.08 next quarter: How Investors Can Make It Count the Most?

Navitas Semiconductor Corporation (NASDAQ: NVTS) open the trading on March 16, 2023, with great promise as it jumped 10.35% to $6.66. During the day, the stock rose to $6.75 and sunk to $5.97 before settling in for the price of $6.04 at the close. Taking a more long-term approach, NVTS posted a 52-week range of $3.11-$11.01.

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Nevertheless, stock’s Earnings Per Share (EPS) this year is -701.60%. This publicly-traded company’s shares outstanding now amounts to $138.46 million, simultaneously with a float of $96.50 million. The organization now has a market capitalization sitting at $1.05 billion. At the time of writing, stock’s 50-day Moving Average stood at $5.39, while the 200-day Moving Average is $5.01.

If we measure the efficiency of the company that is accounted for 162 employees. For the Profitability, stocks gross margin was +31.49, operating margin was -303.31 and Pretax Margin of +138.95.

Navitas Semiconductor Corporation (NVTS) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. Navitas Semiconductor Corporation’s current insider ownership accounts for 16.90%, in contrast to 20.40% institutional ownership. According to the most recent insider trade that took place on Mar 15, this organization’s President & CEO sold 38,521 shares at the rate of 6.30, making the entire transaction reach 242,682 in total value, affecting insider ownership by 2,214,083. Preceding that transaction, on Mar 15, Company’s COO and CTO sold 8,990 for 6.30, making the whole transaction’s value amount to 56,637. This particular insider is now the holder of 4,669,847 in total.

Navitas Semiconductor Corporation (NVTS) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 9/29/2022 suggests? It has posted -$0.07 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.07) by $0. This company achieved a net margin of +197.62 while generating a return on equity of 33.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

Navitas Semiconductor Corporation’s EPS decrease for this current 12-month fiscal period is -701.60% and is forecasted to reach -0.17 in the upcoming year.

Navitas Semiconductor Corporation (NASDAQ: NVTS) Trading Performance Indicators

Let’s observe the current performance indicators for Navitas Semiconductor Corporation (NVTS). It’s Quick Ratio in the last reported quarter now stands at 7.50. The Stock has managed to achieve an average true range (ATR) of 0.52. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 27.68.

In the same vein, NVTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.59, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.17 at the market close of one year from today.

Technical Analysis of Navitas Semiconductor Corporation (NVTS)

[Navitas Semiconductor Corporation, NVTS] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 60.85% While, its Average True Range was 0.56.

Raw Stochastic average of Navitas Semiconductor Corporation (NVTS) in the period of the previous 100 days is set at 92.34%, which indicates a major rise in contrast to 88.67% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 77.22% that was lower than 78.29% volatility it exhibited in the past 100-days period.


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