Navitas Semiconductor Corp (NASDAQ: NVTS) kicked off on Friday, up 2.99% from the previous trading day, before settling in for the closing price of $3.35. Over the past 52 weeks, NVTS has traded in a range of $1.75-$7.40.
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Technology Sector giant saw their annual sales surged by 90.19% over the last five years. 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.
The firm has a total of 314 workers. Let’s measure their productivity. 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 Activity
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 37.24%. 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) Earnings and Forecasts
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 7.05.
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)
Analysing the last 5-days average volume posted by the [Navitas Semiconductor Corp, NVTS], we can find that recorded value of 3.46 million was lower than the volume posted last year of 4.79 million. As of the previous 9 days, the stock’s Stochastic %D was 56.94%. Additionally, its Average True Range was 0.38.
During the past 100 days, Navitas Semiconductor Corp’s (NVTS) raw stochastic average was set at 58.51%, which indicates a significant increase from 32.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.88% in the past 14 days, which was higher than the 112.99% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.16, while its 200-day Moving Average is $3.38. Now, the first resistance to watch is $3.69. This is followed by the second major resistance level at $3.93. The third major resistance level sits at $4.10. If the price goes on to break the first support level at $3.28, it is likely to go to the next support level at $3.11. Should the price break the second support level, the third support level stands at $2.87.
Navitas Semiconductor Corp (NASDAQ: NVTS) Key Stats
The company with the Market Capitalisation of 644.45 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.
