For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Navitas Semiconductor Corp (NASDAQ: NVTS) closed at $2.23 in the last session, down -12.01% from day before closing price of $2.54. In other words, the price has decreased by -$12.01 from its previous closing price. On the day, 4.01 million shares were traded.
Ratios:
We take a closer look at NVTS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.96 and its Current Ratio is at 5.69. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 26 ’25 when GLICKMAN TODD sold 13,644 shares for $2.59 per share. The transaction valued at 35,338 led to the insider holds 684,497 shares of the business.
TODD GLICKMAN bought 13,644 shares of NVTS for $35,338 on Feb 26 ’25. On Dec 10 ’24, another insider, Wunderlich Gary Kent JR, who serves as the Director of the company, sold 75,000 shares for $4.50 each. As a result, the insider received 337,500 and left with 395,224 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.01 while its Price-to-Book (P/B) ratio in mrq is 1.10.
Stock Price History:
Over the past 52 weeks, NVTS has reached a high of $5.45, while it has fallen to a 52-week low of $1.75. The 50-Day Moving Average of the stock is -28.80%, while the 200-Day Moving Average is calculated to be -29.56%.
Shares Statistics:
A total of 186.80M shares are outstanding, with a floating share count of 114.14M. Insiders hold about 38.90% of the company’s shares, while institutions hold 36.63% stake in the company.
