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The closing price of NextNav Inc (NASDAQ: NN) was $7.32 for the day, down -5.49% from the previous closing price of $7.74. In other words, the price has decreased by -$5.49 from its previous closing price. On the day, 0.51 million shares were traded. NN stock price reached its highest trading level at $7.82 during the session, while it also had its lowest trading level at $7.28.
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 5.93 and its Current Ratio is at 5.93. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.06.
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 Aug 12 ’24 when Gates Christian D. sold 1,296 shares for $7.26 per share. The transaction valued at 9,409 led to the insider holds 819,640 shares of the business.
Christian Gates bought 1,296 shares of NN for $9,409 on Aug 12 ’24. On Aug 12 ’24, another insider, Raghupathy Arun, who serves as the Senior Vice President of the company, sold 1,121 shares for $7.26 each. As a result, the insider received 8,138 and left with 1,091,474 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 924662400 and an Enterprise Value of 908153152. For the stock, the TTM Price-to-Sale (P/S) ratio is 211.11 while its Price-to-Book (P/B) ratio in mrq is 14.21. Its current Enterprise Value per Revenue stands at 207.199 whereas that against EBITDA is -14.831.
Stock Price History:
Over the past 52 weeks, NN has reached a high of $9.50, while it has fallen to a 52-week low of $3.55. The 50-Day Moving Average of the stock is -8.14%, while the 200-Day Moving Average is calculated to be 19.43%.
Shares Statistics:
NN traded an average of 815.97K shares per day over the past three months and 1366210 shares per day over the past ten days. A total of 111.13M shares are outstanding, with a floating share count of 42.86M. Insiders hold about 66.05% of the company’s shares, while institutions hold 25.81% stake in the company. Shares short for NN as of 1722384000 were 11842393 with a Short Ratio of 14.51, compared to 1719532800 on 10996247. Therefore, it implies a Short% of Shares Outstanding of 11842393 and a Short% of Float of 16.57.
