Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Navitas Semiconductor Corp’s stock clocked out at $6.50, up 47.39% from its previous closing price of $4.41. In other words, the price has increased by $47.39 from its previous closing price. On the day, 269.69 million shares were traded.
Ratios:
To gain a deeper understanding of NVTS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.78 and its Current Ratio is at 5.61. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 27 ’25 when David Moxam bought 714,199 shares for $6.50 per share.
Singh Ranbir sold 167,201 shares of NVTS for $752,404 on May 22 ’25. The Director now owns 26,310 shares after completing the transaction at $4.50 per share. On May 22 ’25, another insider, Wunderlich Gary Kent JR, who serves as the Director of the company, sold 32,366 shares for $4.75 each. As a result, the insider received 153,738 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 16.82 while its Price-to-Book (P/B) ratio in mrq is 3.65.
Stock Price History:
Over the past 52 weeks, NVTS has reached a high of $5.25, while it has fallen to a 52-week low of $1.52. The 50-Day Moving Average of the stock is 197.01%, while the 200-Day Moving Average is calculated to be 143.40%.
Shares Statistics:
A total of 191.76M shares are outstanding, with a floating share count of 117.30M. Insiders hold about 38.84% of the company’s shares, while institutions hold 32.65% stake in the company.
