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 $11.75 in the last session, down -0.68% from day before closing price of $11.83. In other words, the price has decreased by -$0.68 from its previous closing price. On the day, 1.13 million shares were traded.
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 7.09 and its Current Ratio is at 7.09. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.38.
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:
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 Apr 01 ’25 when ROBERT HENRY LANTZ bought 7,171 shares for $12.28 per share.
Shamsunder Sanyogita bought 11,461 shares of NN for $138,037 on Mar 20 ’25. On Mar 18 ’25, another insider, Shams Sammaad, who serves as the Chief Accounting Officer of the company, sold 3,938 shares for $11.40 each. As a result, the insider received 44,880 and left with 71,366 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 273.84 while its Price-to-Book (P/B) ratio in mrq is 30.74.
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 $6.47. The 50-Day Moving Average of the stock is 0.91%, while the 200-Day Moving Average is calculated to be 5.11%.
Shares Statistics:
A total of 131.14M shares are outstanding, with a floating share count of 56.89M. Insiders hold about 56.95% of the company’s shares, while institutions hold 36.59% stake in the company.
