A new trading day began on Friday, with NextNav Inc (NASDAQ: NN) stock price up 4.01% from the previous day of trading, before settling in for the closing price of $12.23. NN’s price has ranged from $3.55 to $18.54 over the past 52 weeks.
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A company in the Technology sector has jumped its sales by 149.00% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -12.12%. With a float of $57.25 million, this company’s outstanding shares have now reached $127.55 million.
In an organization with 111 employees, it is important to assess its efficiency. 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 56.14%, while institutional ownership is 37.00%. 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) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -12.12% 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 334.85.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 0.75 million. That was inferior than the volume of 1.39 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.25%. Additionally, its Average True Range was 0.82.
During the past 100 days, NextNav Inc’s (NN) raw stochastic average was set at 50.64%, which indicates a significant decrease from 84.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.66% in the past 14 days, which was lower than the 70.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.27, while its 200-day Moving Average is $10.30. However, in the short run, NextNav Inc’s stock first resistance to watch stands at $12.94. Second resistance stands at $13.16. The third major resistance level sits at $13.55. If the price goes on to break the first support level at $12.33, it is likely to go to the next support level at $11.94. The third support level lies at $11.72 if the price breaches the second support level.
NextNav Inc (NASDAQ: NN) Key Stats
With a market capitalization of 1.66 billion, the company has a total of 130,575K 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.
