Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
The closing price of NextNav Inc (NASDAQ: NN) was $16.47 for the day, down -6.15% from the previous closing price of $17.55. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 1.66 million shares were traded. NN stock price reached its highest trading level at $17.94 during the session, while it also had its lowest trading level at $16.071.
Ratios:
Our analysis of NN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.01 and its Current Ratio is at 5.01. In the meantime, Its Debt-to-Equity ratio is 1.08 whereas as Long-Term Debt/Eq ratio is at 1.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on November 14, 2024, Reiterated its Buy rating but revised its target price to $20 from $12 previously.
On January 06, 2022, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $16.R. F. Lafferty initiated its Buy rating on January 06, 2022, with a $16 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 16 ’24 when Raghupathy Arun bought 3,332 shares for $18.32 per share.
Gates Christian D. sold 3,918 shares of NN for $69,135 on Dec 17 ’24. The Chief Financial Officer now owns 815,722 shares after completing the transaction at $17.65 per share. On Dec 17 ’24, another insider, Shams Sammaad, who serves as the Chief Accounting Officer of the company, sold 556 shares for $17.93 each. As a result, the insider received 9,969 and left with 60,797 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NN now has a Market Capitalization of 2150570240 and an Enterprise Value of 2106526080. For the stock, the TTM Price-to-Sale (P/S) ratio is 433.58 while its Price-to-Book (P/B) ratio in mrq is 32.04. Its current Enterprise Value per Revenue stands at 424.446 whereas that against EBITDA is -34.872.
Stock Price History:
Over the past 52 weeks, NN has reached a high of $18.54, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is 21.34%, while the 200-Day Moving Average is calculated to be 82.50%.
Shares Statistics:
NN traded an average of 974.32K shares per day over the past three months and 1048380 shares per day over the past ten days. A total of 127.55M shares are outstanding, with a floating share count of 48.13M. Insiders hold about 63.14% of the company’s shares, while institutions hold 29.85% stake in the company. Shares short for NN as of 1732838400 were 12181075 with a Short Ratio of 12.50, compared to 1730332800 on 13578813. Therefore, it implies a Short% of Shares Outstanding of 12181075 and a Short% of Float of 15.939999999999998.
