Can Navitas Semiconductor Corp’s (NVTS) drop of -25.81% in a week be considered a lucky break?

Navitas Semiconductor Corp (NASDAQ: NVTS) kicked off on Monday, down -9.06% from the previous trading day, before settling in for the closing price of $3.26. Over the past 52 weeks, NVTS has traded in a range of $1.75-$7.40.

A company in the Technology sector has jumped its sales by 90.19% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -24.74%. With a float of $114.11 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 and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Navitas Semiconductor Corp is 38.91%, while institutional ownership is 37.15%. The most recent insider transaction that took place on Dec 10 ’24, was worth 337,500. In this transaction Director of this company sold 75,000 shares at a rate of $4.50, taking the stock ownership to the 395,224 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Director sold 20,000 for $4.45, making the entire transaction worth $88,914. This insider now owns 296,709 shares in total.

Navitas Semiconductor Corp (NVTS) Latest Financial update

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

Take a look at Navitas Semiconductor Corp’s (NVTS) current performance indicators. Last quarter, stock had a quick ratio of 4.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.05.

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 5.98 million. That was better than the volume of 5.87 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.50%. Additionally, its Average True Range was 0.43.

During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 41.64%, which indicates a significant increase from 12.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 148.74% in the past 14 days, which was higher than the 110.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.01, while its 200-day Moving Average is $3.43. However, in the short run, Navitas Semiconductor Corp’s stock first resistance to watch stands at $3.15. Second resistance stands at $3.34. The third major resistance level sits at $3.45. If the price goes on to break the first support level at $2.85, it is likely to go to the next support level at $2.73. The third support level lies at $2.54 if the price breaches the second support level.

Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats

The company with the Market Capitalisation of 552.92 million has total of 186,796K Shares Outstanding. Its annual sales at the moment are 79,460 K in contrast with the sum of -145,430 K annual income. Company’s last quarter sales were recorded 21,680 K and last quarter income was -18,730 K.