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As of close of business last night, NextNav Inc’s stock clocked out at $12.63, down -4.32% from its previous closing price of $13.20. In other words, the price has decreased by -$4.32 from its previous closing price. On the day, 1.18 million shares were traded. NN stock price reached its highest trading level at $13.38 during the session, while it also had its lowest trading level at $12.41.
Ratios:
To gain a deeper understanding of NN’s stock, we examine 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:
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 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:
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 1649162240 and an Enterprise Value of 1611685376. For the stock, the TTM Price-to-Sale (P/S) ratio is 332.49 while its Price-to-Book (P/B) ratio in mrq is 24.57. Its current Enterprise Value per Revenue stands at 324.74 whereas that against EBITDA is -26.68.
Stock Price History:
The Beta on a monthly basis for NN is 1.21, which has changed by 2.4285715 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. 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 -17.69%, while the 200-Day Moving Average is calculated to be 28.86%.
Shares Statistics:
It appears that NN traded 1.37M shares on average per day over the past three months and 2289710 shares per day over the past ten days. A total of 127.55M shares are outstanding, with a floating share count of 48.14M. Insiders hold about 63.13% of the company’s shares, while institutions hold 29.87% stake in the company. Shares short for NN as of 1735603200 were 12472636 with a Short Ratio of 9.12, compared to 1732838400 on 12181075. Therefore, it implies a Short% of Shares Outstanding of 12472636 and a Short% of Float of 15.959999999999999.
