On Monday, NextNav Inc (NASDAQ: NN) was -4.79% down from the session before settling in for the closing price of $7.41. A 52-week range for NN has been $1.91 – $7.95.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 149.00%. When this article was written, the company’s average yearly earnings per share was at 12.63%. With a float of $29.48 million, this company’s outstanding shares have now reached $111.13 million.
Considering the fact that the conglomerate employs 111 people, you should pay attention to its efficiency factor.
NextNav Inc (NN) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextNav Inc stocks. The insider ownership of NextNav Inc is 73.80%, while institutional ownership is 20.10%. The most recent insider transaction that took place on Mar 20 ’24, was worth 236,000. In this transaction Director of this company bought 50,000 shares at a rate of $4.72, taking the stock ownership to the 2,115,213 shares. Before that another transaction happened on Mar 19 ’24, when Company’s Director bought 50,000 for $4.76, making the entire transaction worth $238,000. This insider now owns 2,065,213 shares in total.
NextNav Inc (NN) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 12.63% per share during the next fiscal year.
NextNav Inc (NASDAQ: NN) Trading Performance Indicators
You can see what NextNav Inc (NN) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 9.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 205.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.48 in one year’s time.
Technical Analysis of NextNav Inc (NN)
Compared to the last year’s volume of 0.91 million, its volume of 0.59 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.74%. Additionally, its Average True Range was 0.51.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 79.66%, which indicates a significant increase from 41.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.91% in the past 14 days, which was lower than the 94.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.22, while its 200-day Moving Average is $4.49. Nevertheless, the first resistance level for the watch stands at $7.46 in the near term. At $7.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.19. If the price goes on to break the first support level at $6.73, it is likely to go to the next support level at $6.40. Now, if the price goes above the second support level, the third support stands at $6.00.
NextNav Inc (NASDAQ: NN) Key Stats
There are 112,553K outstanding shares of the company, which has a market capitalization of 794.04 million. As of now, sales total 3,860 K while income totals -71,740 K. Its latest quarter income was 1,210 K while its last quarter net income were -16,400 K.
