Navitas Semiconductor Corp (NASDAQ: NVTS) started the day on Wednesday, with a price increase of 3.63% at $3.71, before settling in for the price of $3.58 at the close. Taking a more long-term approach, NVTS posted a 52-week range of $3.48-$10.90.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
In the past 5-years timespan, the Technology sector firm’s annual sales growth was 90.19%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -14.38%. This publicly-traded company’s shares outstanding now amounts to $179.20 million, simultaneously with a float of $113.01 million. The organization now has a market capitalization sitting at $679.30 million. At the time of writing, stock’s 50-day Moving Average stood at $4.15, while the 200-day Moving Average is $5.40.
Navitas Semiconductor Corp (NVTS) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Semiconductors Industry. Navitas Semiconductor Corp’s current insider ownership accounts for 38.28%, in contrast to 41.95% institutional ownership. According to the most recent insider trade that took place on Jun 10 ’24, this organization’s Director sold 87,059 shares at the rate of 4.45, making the entire transaction reach 387,473 in total value, affecting insider ownership by 5,944,420. Preceding that transaction, on Jun 07 ’24, Company’s Director sold 87,060 for 4.49, making the whole transaction’s value amount to 391,039. This particular insider is now the holder of 6,031,479 in total.
Navitas Semiconductor Corp (NVTS) Earnings and Revenue Records
Navitas Semiconductor Corp’s EPS decrease for this current 12-month fiscal period is -14.38% and is forecasted to reach -0.13 in the upcoming year.
Navitas Semiconductor Corp (NASDAQ: NVTS) Trading Performance Indicators
Let’s observe the current performance indicators for Navitas Semiconductor Corp (NVTS). It’s Quick Ratio in the last reported quarter now stands at 3.76. The Stock has managed to achieve an average true range (ATR) of 0.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.61.
In the same vein, NVTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.52, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.13 at the market close of one year from today.
Technical Analysis of Navitas Semiconductor Corp (NVTS)
If we take a close look at the recent performances of Navitas Semiconductor Corp (NASDAQ: NVTS), its last 5-days Average volume was 2.74 million that shows progress from its year to date volume of 2.71 million. During the previous 9 days, stock’s Stochastic %D was recorded 11.91% While, its Average True Range was 0.26.
Raw Stochastic average of Navitas Semiconductor Corp (NVTS) in the period of the previous 100 days is set at 11.65%, which indicates a major fall in contrast to 12.86% 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 68.56% that was higher than 66.39% volatility it exhibited in the past 100-days period.
