A new trading day began on Monday, with NextNav Inc (NASDAQ: NN) stock price up 7.77% from the previous day of trading, before settling in for the closing price of $8.75. NN’s price has ranged from $3.55 to $9.50 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 149.00%. Meanwhile, its annual earnings per share averaged -24.75%. With a float of $44.99 million, this company’s outstanding shares have now reached $111.13 million.
The extent of productivity of a business whose workforce counts for 111 workers is very important to gauge. In terms of profitability, gross margin is -268.22%, operating margin of -1506.53%, and the pretax margin is -2177.0%.
NextNav Inc (NN) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of NextNav Inc is 64.38%, while institutional ownership is 25.68%. The most recent insider transaction that took place on Sep 19 ’24, was worth 5,799. Before that another transaction happened on Sep 19 ’24, when Company’s Chief Accounting Officer sold 735 for $7.89, making the entire transaction worth $5,799. This insider now owns 61,353 shares in total.
NextNav Inc (NN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -24.75% per share during the next fiscal year.
NextNav Inc (NASDAQ: NN) Trading Performance Indicators
Here are NextNav Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 271.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.86, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.51 in one year’s time.
Technical Analysis of NextNav Inc (NN)
The latest stats from [NextNav Inc, NN] show that its last 5-days average volume of 0.78 million was inferior to 0.82 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 93.06%. Additionally, its Average True Range was 0.38.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 97.69%, which indicates a significant decrease from 99.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.96% in the past 14 days, which was lower than the 62.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.52, while its 200-day Moving Average is $6.85. Now, the first resistance to watch is $9.67. This is followed by the second major resistance level at $9.91. The third major resistance level sits at $10.39. If the price goes on to break the first support level at $8.96, it is likely to go to the next support level at $8.48. The third support level lies at $8.24 if the price breaches the second support level.
NextNav Inc (NASDAQ: NN) Key Stats
With a market capitalization of 1.19 billion, the company has a total of 122,433K Shares Outstanding. Currently, annual sales are 3,860 K while annual income is -71,740 K. The company’s previous quarter sales were 1,110 K while its latest quarter income was -24,390 K.
