Market Recap: Navitas Semiconductor Corp (NVTS)’s Negative Momentum, Closing at 1.96

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The closing price of Navitas Semiconductor Corp (NASDAQ: NVTS) was $1.96 for the day, down -2.49% from the previous closing price of $2.01. In other words, the price has decreased by -$2.49 from its previous closing price. On the day, 2.12 million shares were traded.

Ratios:

Our analysis of NVTS’s different ratios will help us gain a deeper understanding of the company. 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.

On May 13, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $10 to $4.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 21 ’25 when LONG BRIAN sold 47,189 shares for $2.36 per share. The transaction valued at 111,366 led to the insider holds 31,460 shares of the business.

Brian Long bought 47,189 shares of NVTS for $111,366 on Mar 21 ’25. On Feb 26 ’25, another insider, GLICKMAN TODD, who serves as the Sr. V.P., CFO & Treasurer of the company, sold 13,644 shares for $2.59 each. As a result, the insider received 35,338 and left with 684,497 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 4.48 while its Price-to-Book (P/B) ratio in mrq is 1.06.

Stock Price History:

Over the past 52 weeks, NVTS has reached a high of $5.14, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is -12.45%, while the 200-Day Moving Average is calculated to be -30.09%.

Shares Statistics:

A total of 188.11M shares are outstanding, with a floating share count of 116.48M. Insiders hold about 38.87% of the company’s shares, while institutions hold 35.87% stake in the company.

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