Witnessing the stock’s movement on the chart, on Wednesday, Navitas Semiconductor Corp (NASDAQ: NVTS) had a quiet start as it plunged -3.53% to $2.46, before settling in for the price of $2.55 at the close. Taking a more long-term approach, NVTS posted a 52-week range of $1.75-$8.44.
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The Technology sector firm’s twelve-monthly sales growth has been 90.19% for the last half of the decade. 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 $114.53 million. The organization now has a market capitalization sitting at $443.30 million. At the time of writing, stock’s 50-day Moving Average stood at $2.36, while the 200-day Moving Average is $3.69.
Navitas Semiconductor Corp (NVTS) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductors industry. Navitas Semiconductor Corp’s current insider ownership accounts for 38.69%, in contrast to 37.11% institutional ownership. According to the most recent insider trade that took place on Nov 22 ’24, this organization’s Director sold 15,000 shares at the rate of 2.39, making the entire transaction reach 35,810 in total value, affecting insider ownership by 42,366. Preceding that transaction, on Nov 22 ’24, Company’s Director sold 15,000 for 2.39, making the whole transaction’s value amount to 35,810. This particular insider is now the holder of 42,366 in total.
Navitas Semiconductor Corp (NVTS) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
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 0.21. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.85.
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)
Going through the that latest performance of [Navitas Semiconductor Corp, NVTS]. Its last 5-days volume of 5.3 million indicated improvement to the volume of 2.75 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 78.26% While, its Average True Range was 0.23.
Raw Stochastic average of Navitas Semiconductor Corp (NVTS) in the period of the previous 100 days is set at 22.33%, which indicates a major fall in contrast to 65.14% 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 127.01% that was higher than 87.60% volatility it exhibited in the past 100-days period.
