NextNav Inc (NASDAQ: NN) kicked off on Monday, up 3.94% from the previous trading day, before settling in for the closing price of $14.48. Over the past 52 weeks, NN has traded in a range of $3.55-$14.51.
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A company in the Technology sector has jumped its sales by 149.00% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -24.75%. With a float of $44.99 million, this company’s outstanding shares have now reached $111.13 million.
In an organization with 111 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating 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) Performance Highlights and Predictions
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
Take a look at NextNav Inc’s (NN) current performance indicators. Last quarter, 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 449.89.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.12 million. That was better than the volume of 0.84 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 97.79%. Additionally, its Average True Range was 0.64.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 97.72%, which indicates a significant increase from 96.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.44% in the past 14 days, which was lower than the 64.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.99, while its 200-day Moving Average is $7.45. However, in the short run, NextNav Inc’s stock first resistance to watch stands at $15.39. Second resistance stands at $15.72. The third major resistance level sits at $16.20. If the price goes on to break the first support level at $14.58, it is likely to go to the next support level at $14.10. Assuming the price breaks the second support level, the third support level stands at $13.77.
NextNav Inc (NASDAQ: NN) Key Stats
The company with the Market Capitalisation of 1.97 billion has total of 126,320K Shares Outstanding. Its annual sales at the moment are 3,860 K in contrast with the sum of -71,740 K annual income. Company’s last quarter sales were recorded 1,110 K and last quarter income was -24,390 K.
