On Monday, Navitas Semiconductor Corp (NASDAQ: NVTS) opened higher 14.85% from the last session, before settling in for the closing price of $3.77. Price fluctuations for NVTS have ranged from $1.75 to $8.44 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 90.19% annually for the last half of the decade. Company’s average yearly earnings per share was noted -24.74% at the time writing. With a float of $112.88 million, this company’s outstanding shares have now reached $186.79 million.
In an organization with 314 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.38%, operating margin of -129.65%, and the pretax margin is -84.88%.
Navitas Semiconductor Corp (NVTS) Insider Updates
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Navitas Semiconductor Corp is 39.57%, while institutional ownership is 37.12%. The most recent insider transaction that took place on Dec 06 ’24, was worth 37,205. Before that another transaction happened on Dec 06 ’24, when Company’s DIRECTOR proposed sale 10,000 for $3.72, making the entire transaction worth $37,205.
Navitas Semiconductor Corp (NVTS) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -24.74% per share during the next fiscal year.
Navitas Semiconductor Corp (NASDAQ: NVTS) Trading Performance Indicators
Check out the current performance indicators for Navitas Semiconductor Corp (NVTS). In the past quarter, the stock posted a quick ratio of 4.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach -0.21 in one year’s time.
Technical Analysis of Navitas Semiconductor Corp (NVTS)
Let’s dig in a bit further. During the last 5-days, its volume was 13.78 million. That was better than the volume of 3.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 82.92%. Additionally, its Average True Range was 0.37.
During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 88.79%, which indicates a significant increase from 88.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 116.46% in the past 14 days, which was higher than the 94.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.52, while its 200-day Moving Average is $3.59. However, in the short run, Navitas Semiconductor Corp’s stock first resistance to watch stands at $4.73. Second resistance stands at $5.13. The third major resistance level sits at $5.61. If the price goes on to break the first support level at $3.85, it is likely to go to the next support level at $3.38. Assuming the price breaks the second support level, the third support level stands at $2.98.
Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats
There are currently 186,796K shares outstanding in the company with a market cap of 808.83 million. Presently, the company’s annual sales total 79,460 K according to its annual income of -145,430 K. Last quarter, the company’s sales amounted to 21,680 K and its income totaled -18,730 K.
