Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Navitas Semiconductor Corp (NASDAQ: NVTS) closed at $3.09 up 4.39% from its previous closing price of $2.96. In other words, the price has increased by $4.39 from its previous closing price. On the day, 4.7 million shares were traded. NVTS stock price reached its highest trading level at $3.24 during the session, while it also had its lowest trading level at $2.955.
Ratios:
For a deeper understanding of Navitas Semiconductor Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.77 and its Current Ratio is at 5.59. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 the company, Jefferies on May 13, 2024, Downgraded its rating to Hold and sets its target price to $4 from $10 previously.
On August 29, 2023, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $9.20.Morgan Stanley initiated its Equal-Weight rating on August 29, 2023, with a $9.20 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 10 ’24 when Wunderlich Gary Kent JR sold 75,000 shares for $4.50 per share. The transaction valued at 337,500 led to the insider holds 395,224 shares of the business.
HENDRIX RICHARD J sold 20,000 shares of NVTS for $88,914 on Dec 10 ’24. The Director now owns 296,709 shares after completing the transaction at $4.45 per share. On Dec 10 ’24, another insider, RICHARD J. HENDRIX, who serves as the DIRECTOR of the company, bought 20,000 shares for $4.45 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVTS now has a Market Capitalization of 577199616 and an Enterprise Value of 486448192. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.32 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 5.323 whereas that against EBITDA is -5.034.
Stock Price History:
The Beta on a monthly basis for NVTS is 2.24, which has changed by -0.5123558 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, NVTS has reached a high of $7.40, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is 2.44%, while the 200-Day Moving Average is calculated to be -9.66%.
Shares Statistics:
For the past three months, NVTS has traded an average of 5.76M shares per day and 5771410 over the past ten days. A total of 186.79M shares are outstanding, with a floating share count of 114.11M. Insiders hold about 38.91% of the company’s shares, while institutions hold 37.15% stake in the company. Shares short for NVTS as of 1735603200 were 29108348 with a Short Ratio of 5.05, compared to 1732838400 on 23484738. Therefore, it implies a Short% of Shares Outstanding of 29108348 and a Short% of Float of 22.620001000000002.
