On Friday, Navitas Semiconductor Corp (NASDAQ: NVTS) was -7.08% drop from the session before settling in for the closing price of $2.40. A 52-week range for NVTS has been $2.22 – $8.44.
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Technology Sector giant saw their annual sales surged by 90.19% over the last five years. When this article was written, the company’s average yearly earnings per share was at -21.39%. With a float of $113.18 million, this company’s outstanding shares have now reached $179.20 million.
The firm has a total of 314 workers. Let’s measure their productivity. In terms of profitability, gross margin is 33.62%, operating margin of -128.87%, and the pretax margin is -56.09%.
Navitas Semiconductor Corp (NVTS) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Navitas Semiconductor Corp stocks. The insider ownership of Navitas Semiconductor Corp is 38.31%, while institutional ownership is 41.52%. The most recent insider transaction that took place on Aug 28 ’24, was worth 1,372,350. In this transaction President & CEO of this company sold 453,190 shares at a rate of $3.03, taking the stock ownership to the 2,608,441 shares. Before that another transaction happened on Aug 29 ’24, when Company’s President & CEO sold 265,148 for $3.04, making the entire transaction worth $805,944. This insider now owns 2,343,293 shares in total.
Navitas Semiconductor Corp (NVTS) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.04 earnings per share (EPS) during the time that was better than consensus figure (set at -0.05) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.39% per share during the next fiscal year.
Navitas Semiconductor Corp (NASDAQ: NVTS) Trading Performance Indicators
You can see what Navitas Semiconductor Corp (NVTS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.46.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.28, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.18 in one year’s time.
Technical Analysis of Navitas Semiconductor Corp (NVTS)
Analysing the last 5-days average volume posted by the [Navitas Semiconductor Corp, NVTS], we can find that recorded value of 3.28 million was better than the volume posted last year of 2.71 million. As of the previous 9 days, the stock’s Stochastic %D was 23.61%. Additionally, its Average True Range was 0.20.
During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 0.34%, which indicates a significant decrease from 1.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 101.62% in the past 14 days, which was higher than the 73.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.20, while its 200-day Moving Average is $4.80. Now, the first resistance to watch is $2.33. This is followed by the second major resistance level at $2.43. The third major resistance level sits at $2.48. If the price goes on to break the first support level at $2.17, it is likely to go to the next support level at $2.12. Now, if the price goes above the second support level, the third support stands at $2.02.
Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats
There are 183,101K outstanding shares of the company, which has a market capitalization of 409.12 million. As of now, sales total 79,460 K while income totals -145,430 K. Its latest quarter income was 20,470 K while its last quarter net income were -22,330 K.
