NextNav Inc (NASDAQ: NN) on Tuesday, soared 4.38% from the previous trading day, before settling in for the closing price of $11.76. Within the past 52 weeks, NN’s price has moved between $3.55 and $18.54.
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Technology Sector giant saw their annual sales surged by 149.00% over the last five years. The company achieved an average annual earnings per share of -9.60%. With a float of $57.27 million, this company’s outstanding shares have now reached $127.55 million.
The firm has a total of 111 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of NextNav Inc is 56.14%, while institutional ownership is 34.54%. The most recent insider transaction that took place on Dec 19 ’24, was worth 1,687. In this transaction Chief Accounting Officer of this company sold 102 shares at a rate of $16.54, taking the stock ownership to the 60,695 shares. Before that another transaction happened on Dec 19 ’24, when Company’s Officer proposed sale 102 for $16.47, making the entire transaction worth $1,680.
NextNav Inc (NN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
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
NextNav Inc (NN) is currently performing well based on its current performance indicators. A quick ratio of 5.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 323.02.
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)
Analysing the last 5-days average volume posted by the [NextNav Inc, NN], we can find that recorded value of 1.08 million was lower than the volume posted last year of 1.74 million. As of the previous 9 days, the stock’s Stochastic %D was 18.95%. Additionally, its Average True Range was 1.10.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 46.83%, which indicates a significant increase from 28.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 78.69% in the past 14 days, which was higher than the 71.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.21, while its 200-day Moving Average is $10.05. Now, the first resistance to watch is $12.52. This is followed by the second major resistance level at $12.78. The third major resistance level sits at $13.25. If the price goes on to break the first support level at $11.79, it is likely to go to the next support level at $11.32. Should the price break the second support level, the third support level stands at $11.06.
NextNav Inc (NASDAQ: NN) Key Stats
Market capitalization of the company is 1.60 billion based on 130,575K outstanding shares. Right now, sales total 3,860 K and income totals -71,740 K. The company made 1,610 K in profit during its latest quarter, and -13,610 K in sales during its previous quarter.