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The price of NextNav Inc (NASDAQ: NN) closed at $15.35 in the last session, down -5.31% from day before closing price of $16.21. In other words, the price has decreased by -$5.31 from its previous closing price. On the day, 1.2 million shares were traded. NN stock price reached its highest trading level at $16.5 during the session, while it also had its lowest trading level at $15.25.
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.
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 Nov 18 ’24 when Arun Raghupathy bought 1,123 shares for $14.27 per share.
Raghupathy Arun sold 1,123 shares of NN for $16,025 on Nov 18 ’24. The Senior Vice President now owns 1,090,351 shares after completing the transaction at $14.27 per share. On Nov 18 ’24, another insider, Lantz Robert, who serves as the General Counsel of the company, sold 336 shares for $14.37 each. As a result, the insider received 4,828 and left with 88,065 shares of the company.
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 1978077824 and an Enterprise Value of 1962197504. For the stock, the TTM Price-to-Sale (P/S) ratio is 398.81 while its Price-to-Book (P/B) ratio in mrq is 29.86. Its current Enterprise Value per Revenue stands at 395.365 whereas that against EBITDA is -32.482.
Stock Price History:
Over the past 52 weeks, NN has reached a high of $17.02, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is 52.79%, while the 200-Day Moving Average is calculated to be 96.29%.
Shares Statistics:
According to the various share statistics, NN traded on average about 866.94K shares per day over the past 3-months and 1567940 shares per day over the past 10 days. A total of 111.13M shares are outstanding, with a floating share count of 45.92M. Insiders hold about 64.37% of the company’s shares, while institutions hold 30.30% stake in the company. Shares short for NN as of 1730332800 were 13578813 with a Short Ratio of 15.66, compared to 1727654400 on 15852336. Therefore, it implies a Short% of Shares Outstanding of 13578813 and a Short% of Float of 18.38.
