A new trading day began on Tuesday, with NextNav Inc (NASDAQ: NN) stock price up 0.88% from the previous day of trading, before settling in for the closing price of $16.99. NN’s price has ranged from $3.55 to $18.10 over the past 52 weeks.
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Annual sales at Technology sector company grew by 149.00% over the past five years. Meanwhile, its annual earnings per share averaged -9.60%. With a float of $44.41 million, this company’s outstanding shares have now reached $127.55 million.
Let’s look at the performance matrix of the company that is accounted for 111 employees. 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
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Infrastructure Industry. The insider ownership of NextNav Inc is 65.54%, while institutional ownership is 30.25%. The most recent insider transaction that took place on Dec 03 ’24, was worth 3,280,160. In this transaction CEO, President and Director of this company sold 200,000 shares at a rate of $16.40, taking the stock ownership to the 1,574,117 shares. Before that another transaction happened on Dec 04 ’24, when Company’s CEO, President and Director sold 51,470 for $16.85, making the entire transaction worth $867,151. This insider now owns 1,522,647 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
Here are NextNav Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 445.31.
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)
NextNav Inc (NASDAQ: NN) saw its 5-day average volume 0.86 million, a negative change from its year-to-date volume of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 54.88%. Additionally, its Average True Range was 0.96.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 91.75%, which indicates a significant increase from 67.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.64% in the past 14 days, which was lower than the 64.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.43, while its 200-day Moving Average is $8.63. Nevertheless, the first resistance level for the watch stands at $17.64 in the near term. At $18.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.57. If the price goes on to break the first support level at $16.70, it is likely to go to the next support level at $16.26. The third support level lies at $15.76 if the price breaches the second support level.
NextNav Inc (NASDAQ: NN) Key Stats
With a market capitalization of 2.21 billion, the company has a total of 128,865K Shares Outstanding. Currently, annual sales are 3,860 K while annual income is -71,740 K. The company’s previous quarter sales were 1,610 K while its latest quarter income was -13,610 K.
