As on Thursday, Navitas Semiconductor Corp (NASDAQ: NVTS) started slowly as it slid -4.35% to $2.20, before settling in for the price of $2.30 at the close. Taking a more long-term approach, NVTS posted a 52-week range of $2.14-$8.44.
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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 -24.74%. This publicly-traded company’s shares outstanding now amounts to $179.20 million, simultaneously with a float of $112.48 million. The organization now has a market capitalization sitting at $410.95 million. At the time of writing, stock’s 50-day Moving Average stood at $2.48, while the 200-day Moving Average is $3.97.
Navitas Semiconductor Corp (NVTS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. Navitas Semiconductor Corp’s current insider ownership accounts for 38.69%, in contrast to 41.04% institutional ownership. According to the most recent insider trade that took place on Aug 28 ’24, this organization’s President & CEO sold 453,190 shares at the rate of 3.03, making the entire transaction reach 1,372,350 in total value, affecting insider ownership by 2,608,441. Preceding that transaction, on Aug 29 ’24, Company’s President & CEO sold 265,148 for 3.04, making the whole transaction’s value amount to 805,944. This particular insider is now the holder of 2,343,293 in total.
Navitas Semiconductor Corp (NVTS) Earnings and Revenue Records
Navitas Semiconductor Corp’s EPS decrease for this current 12-month fiscal period is -24.74% and is forecasted to reach -0.21 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 4.77. The Stock has managed to achieve an average true range (ATR) of 0.19. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.50.
In the same vein, NVTS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.43, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be -0.21 at the market close of one year from today.
Technical Analysis of Navitas Semiconductor Corp (NVTS)
Through scrutinizing the latest numbers posted by the [Navitas Semiconductor Corp, NVTS], it can be observed that its last 5-days Average volume of 3.98 million was better the volume of 2.68 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 12.90% While, its Average True Range was 0.20.
Raw Stochastic average of Navitas Semiconductor Corp (NVTS) in the period of the previous 100 days is set at 2.15%, which indicates a major rise in contrast to 2.07% 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 78.02% that was higher than 74.86% volatility it exhibited in the past 100-days period.
