On Friday, Navitas Semiconductor Corp (NASDAQ: NVTS) opened lower -1.51% from the last session, before settling in for the closing price of $3.31. Price fluctuations for NVTS have ranged from $1.75 to $7.40 over the past 52 weeks.
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Annual sales at Technology sector company grew by 90.19% over the past five years. Company’s average yearly earnings per share was noted -24.74% at the time writing. With a float of $114.11 million, this company’s outstanding shares have now reached $186.79 million.
Let’s look at the performance matrix of the company that is accounted for 314 employees. 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 38.91%, while institutional ownership is 37.24%. 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) 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 6.66.
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)
Navitas Semiconductor Corp (NASDAQ: NVTS) saw its 5-day average volume 4.38 million, a negative change from its year-to-date volume of 5.21 million. As of the previous 9 days, the stock’s Stochastic %D was 27.20%. Additionally, its Average True Range was 0.41.
During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 51.97%, which indicates a significant increase from 20.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 124.40% in the past 14 days, which was higher than the 112.39% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.07, while its 200-day Moving Average is $3.40. Nevertheless, the first resistance level for the watch stands at $3.43 in the near term. At $3.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.68. If the price goes on to break the first support level at $3.18, it is likely to go to the next support level at $3.09. Assuming the price breaks the second support level, the third support level stands at $2.93.
Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats
There are currently 186,796K shares outstanding in the company with a market cap of 608.96 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.
