NextNav Inc (NASDAQ: NN) on Friday, soared 3.95% from the previous trading day, before settling in for the closing price of $16.73. Within the past 52 weeks, NN’s price has moved between $3.55 and $17.10.
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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. 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.
In an organization with 111 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -186.06%, operating margin of -1314.99%, and the pretax margin is -1728.89%.
NextNav Inc (NN) Insider and Institutional Ownership
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 30.30%. The most recent insider transaction that took place on Nov 18 ’24, was worth 16,025. Before that another transaction happened on Nov 18 ’24, when Company’s Senior Vice President sold 1,123 for $14.27, making the entire transaction worth $16,025. This insider now owns 1,090,351 shares in total.
NextNav Inc (NN) Latest Financial update
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 469.63.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.13 million. That was better than the volume of 0.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.25%. Additionally, its Average True Range was 1.00.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 93.90%, which indicates a significant increase from 84.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.21% in the past 14 days, which was higher than the 67.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.08, while its 200-day Moving Average is $8.18. However, in the short run, NextNav Inc’s stock first resistance to watch stands at $18.02. Second resistance stands at $18.66. The third major resistance level sits at $19.22. If the price goes on to break the first support level at $16.83, it is likely to go to the next support level at $16.27. The third support level lies at $15.64 if the price breaches the second support level.
NextNav Inc (NASDAQ: NN) Key Stats
Market capitalization of the company is 2.33 billion based on 128,865K outstanding shares. Right now, sales total 3,860 K and income totals -71,740 K. The company made 1,610 K in profit during its latest quarter, and -13,610 K in sales during its previous quarter.
