On Tuesday, NextNav Inc (NASDAQ: NN) was 3.10% up from the session before settling in for the closing price of $8.40. A 52-week range for NN has been $1.91 – $8.57.
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Technology Sector giant saw their annual sales surged by 149.00% over the last five years. When this article was written, the company’s average yearly earnings per share was at 12.63%. With a float of $28.29 million, this company’s outstanding shares have now reached $111.13 million.
The firm has a total of 111 workers. Let’s measure their productivity.
NextNav Inc (NN) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward NextNav Inc stocks. The insider ownership of NextNav Inc is 74.86%, while institutional ownership is 20.19%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted -0.15 earnings per share (EPS) during the time that was better than consensus figure (set at -0.17) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.
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 252.51.
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)
Analysing the last 5-days average volume posted by the [NextNav Inc, NN], we can find that recorded value of 0.94 million was better than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 86.13%. Additionally, its Average True Range was 0.56.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 96.78%, which indicates a significant increase from 91.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 68.35% in the past 14 days, which was lower than the 95.42% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.70, while its 200-day Moving Average is $4.64. Now, the first resistance to watch is $8.88. This is followed by the second major resistance level at $9.09. The third major resistance level sits at $9.36. If the price goes on to break the first support level at $8.40, it is likely to go to the next support level at $8.13. Should the price break the second support level, the third support level stands at $7.92.
NextNav Inc (NASDAQ: NN) Key Stats
There are 112,553K outstanding shares of the company, which has a market capitalization of 974.68 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.
