NextNav Inc (NN) volume exceeds 1.61 million: A new investment opportunity for investors

NextNav Inc (NASDAQ: NN) on Monday, soared 6.19% from the previous trading day, before settling in for the closing price of $14.22. Within the past 52 weeks, NN’s price has moved between $3.55 and $17.02.

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Technology Sector giant saw their annual sales surged by 149.00% over the last five years. The company achieved an average annual earnings per share of -9.60%. With a float of $45.92 million, this company’s outstanding shares have now reached $111.13 million.

The firm has a total of 111 workers. Let’s measure their productivity. In terms of profitability, gross margin is -133.97%, operating margin of -1314.99%, and the pretax margin is -1728.89%.

NextNav Inc (NN) Breakdown of a Key Holders of the stock

Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of NextNav Inc is 64.37%, while institutional ownership is 30.31%. The most recent insider transaction that took place on Nov 18 ’24, was worth 12,002. Before that another transaction happened on Sep 19 ’24, when Company’s Officer proposed sale 735 for $7.89, making the entire transaction worth $5,799.

NextNav Inc (NN) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -9.60% per share during the next fiscal year.

NextNav Inc (NASDAQ: NN) Trading Performance Indicators

NextNav Inc (NN) is currently performing well based on its current performance indicators. A quick ratio of 5.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 394.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.75, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.46 in one year’s time.

Technical Analysis of NextNav Inc (NN)

Analysing the last 5-days average volume posted by the [NextNav Inc, NN], we can find that recorded value of 1.92 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 46.13%. Additionally, its Average True Range was 0.93.

During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 81.80%, which indicates a significant increase from 66.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.25% in the past 14 days, which was lower than the 66.14% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.71, while its 200-day Moving Average is $7.70. Now, the first resistance to watch is $15.43. This is followed by the second major resistance level at $15.76. The third major resistance level sits at $16.40. If the price goes on to break the first support level at $14.46, it is likely to go to the next support level at $13.82. Now, if the price goes above the second support level, the third support stands at $13.49.

NextNav Inc (NASDAQ: NN) Key Stats

Market capitalization of the company is 1.96 billion based on 128,865K outstanding shares. Right now, sales total 3,860 K and income totals -71,740 K. The company made 1,110 K in profit during its latest quarter, and -24,390 K in sales during its previous quarter.