The closing price of NextNav Inc (NASDAQ: NN) was $7.05 for the day, down -4.79% from the previous closing price of $7.41. On the day, 569239 shares were traded.
Ratios:
Our analysis of NN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.31 and its Current Ratio is at 9.31. In the meantime, Its Debt-to-Equity ratio is 0.84 whereas as Long-Term Debt/Eq ratio is at 0.81.
On January 06, 2022, R. F. Lafferty started tracking the stock assigning a Buy rating and target price of $16.
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 20 ’24 when SUBIN NEIL S bought 50,000 shares for $4.72 per share. The transaction valued at 236,000 led to the insider holds 2,115,213 shares of the business.
SUBIN NEIL S bought 50,000 shares of NN for $238,000 on Mar 19 ’24. The Director now owns 2,065,213 shares after completing the transaction at $4.76 per share. On Mar 19 ’24, another insider, Lantz Robert, who serves as the General Counsel of the company, sold 2,032 shares for $4.75 each. As a result, the insider received 9,652 and left with 88,401 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 205.71 while its Price-to-Book (P/B) ratio in mrq is 9.96.
Stock Price History:
Over the past 52 weeks, NN has reached a high of $7.95, while it has fallen to a 52-week low of $1.91.
Shares Statistics:
A total of 111.13M shares are outstanding, with a floating share count of 29.48M. Insiders hold about 73.80% of the company’s shares, while institutions hold 20.10% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by ON Semiconductor Corporation analysts. The consensus estimate for the next quarter is $10.95, with high estimates of $2.06 and low estimates of $20.59.
Analysts are recommending an EPS of between $Energy and $Energy for the fiscal current year, implying an average EPS of $Financial Services.
