A new trading day began on Friday, with Navitas Semiconductor Corp (NASDAQ: NVTS) stock price up 2.00% from the previous day of trading, before settling in for the closing price of $2.50. NVTS’s price has ranged from $2.14 to $8.44 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 90.19% over the last five years. Meanwhile, its annual earnings per share averaged -21.39%. With a float of $112.48 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductors Industry. The insider ownership of Navitas Semiconductor Corp is 38.69%, while institutional ownership is 41.81%. 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
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
Here are Navitas Semiconductor Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 4.82. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.10.
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 1.83 million was lower than the volume posted last year of 2.63 million. As of the previous 9 days, the stock’s Stochastic %D was 34.90%. Additionally, its Average True Range was 0.15.
During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 13.69%, which indicates a significant decrease from 58.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.57% in the past 14 days, which was lower than the 73.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.57, while its 200-day Moving Average is $4.14. Now, the first resistance to watch is $2.63. This is followed by the second major resistance level at $2.70. The third major resistance level sits at $2.77. If the price goes on to break the first support level at $2.49, it is likely to go to the next support level at $2.42. Now, if the price goes above the second support level, the third support stands at $2.35.
Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats
With a market capitalization of 467.82 million, the company has a total of 183,101K Shares Outstanding. Currently, annual sales are 79,460 K while annual income is -145,430 K. The company’s previous quarter sales were 20,470 K while its latest quarter income was -22,330 K.
