Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
NextNav Inc (NASDAQ: NN) closed the day trading at $10.67 down -5.07% from the previous closing price of $11.24. In other words, the price has decreased by -$5.07 from its previous closing price. On the day, 1.05 million shares were traded.
Ratios:
For a better understanding of NN, let’s look at its different ratios. 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.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 280.90 while its Price-to-Book (P/B) ratio in mrq is 20.75.
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 $3.55. The 50-Day Moving Average of the stock is -21.88%, while the 200-Day Moving Average is calculated to be 2.77%.
Shares Statistics:
A total of 127.55M shares are outstanding, with a floating share count of 59.03M. Insiders hold about 54.79% of the company’s shares, while institutions hold 37.01% stake in the company.
