Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Navitas Semiconductor Corp (NASDAQ: NVTS) was $2.07 for the day, up 10.11% from the previous closing price of $1.88. In other words, the price has increased by $10.11 from its previous closing price. On the day, 5.83 million shares were traded.
Ratios:
Our analysis of NVTS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.78 and its Current Ratio is at 5.61. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
On May 13, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $4.
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 Mar 18 ’25 when Singh Ranbir sold 4,400 shares for $2.55 per share. The transaction valued at 11,215 led to the insider holds 193,511 shares of the business.
LONG BRIAN sold 47,189 shares of NVTS for $111,366 on Mar 21 ’25. The Director now owns 31,460 shares after completing the transaction at $2.36 per share. On Mar 21 ’25, another insider, Brian Long, who serves as the Director of the company, bought 47,189 shares for $2.36 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.32 while its Price-to-Book (P/B) ratio in mrq is 1.16.
Stock Price History:
Over the past 52 weeks, NVTS has reached a high of $5.14, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -0.00%, while the 200-Day Moving Average is calculated to be -23.17%.
Shares Statistics:
A total of 191.76M shares are outstanding, with a floating share count of 116.46M. Insiders hold about 38.88% of the company’s shares, while institutions hold 36.09% stake in the company.
