In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of NextNav Inc (NASDAQ: NN) closed at $12.43 in the last session, up 5.97% from day before closing price of $11.73. In other words, the price has increased by $5.97 from its previous closing price. On the day, 1.35 million shares were traded. NN stock price reached its highest trading level at $12.97 during the session, while it also had its lowest trading level at $11.73.
Ratios:
We take a closer look at NN’s different ratios to gain a better understanding of the stock. 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.
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:
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 Dec 19 ’24 when Shams Sammaad sold 102 shares for $16.54 per share. The transaction valued at 1,687 led to the insider holds 60,695 shares of the business.
SAMMAAD SHAMS bought 102 shares of NN for $1,680 on Dec 19 ’24. On Dec 16 ’24, another insider, Raghupathy Arun, who serves as the Officer of the company, bought 3,332 shares for $18.32 each.
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 1623047296 and an Enterprise Value of 1585912320. For the stock, the TTM Price-to-Sale (P/S) ratio is 327.23 while its Price-to-Book (P/B) ratio in mrq is 24.18. Its current Enterprise Value per Revenue stands at 319.547 whereas that against EBITDA is -26.253.
Stock Price History:
The Beta on a monthly basis for NN is 1.12, which has changed by 1.9879808 over the last 52 weeks, in comparison to a change of 0.22208416 over the same period for the S&P500. 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 -17.64%, while the 200-Day Moving Average is calculated to be 22.87%.
Shares Statistics:
According to the various share statistics, NN traded on average about 1.42M shares per day over the past 3-months and 1134690 shares per day over the past 10 days. A total of 127.55M shares are outstanding, with a floating share count of 57.27M. Insiders hold about 56.14% of the company’s shares, while institutions hold 34.60% stake in the company. Shares short for NN as of 1736899200 were 13049939 with a Short Ratio of 9.17, compared to 1734048000 on 12520470. Therefore, it implies a Short% of Shares Outstanding of 13049939 and a Short% of Float of 16.700001.
