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After finishing at $7.69 in the prior trading day, NextNav Inc (NASDAQ: NN) closed at $6.99, down -9.10%. In other words, the price has decreased by -$9.10 from its previous closing price. On the day, 0.83 million shares were traded. NN stock price reached its highest trading level at $7.7 during the session, while it also had its lowest trading level at $6.945.
Ratios:
Our goal is to gain a better understanding of NN by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 19 ’24 when Sammaad Shams bought 735 shares for $7.89 per share.
Shams Sammaad sold 735 shares of NN for $5,799 on Sep 19 ’24. The Chief Accounting Officer now owns 61,353 shares after completing the transaction at $7.89 per share. On Aug 26 ’24, another insider, SUBIN NEIL S, who serves as the Director of the company, bought 125,000 shares for $6.93 each. As a result, the insider paid 866,250 and bolstered with 2,490,213 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 882976768 and an Enterprise Value of 866467520. For the stock, the TTM Price-to-Sale (P/S) ratio is 201.59 while its Price-to-Book (P/B) ratio in mrq is 13.57. Its current Enterprise Value per Revenue stands at 197.688 whereas that against EBITDA is -14.15.
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 -9.06%, while the 200-Day Moving Average is calculated to be 7.99%.
Shares Statistics:
The stock has traded on average 815.92K shares per day over the past 3-months and 668430 shares per day over the last 10 days, according to various share statistics. A total of 111.13M shares are outstanding, with a floating share count of 44.99M. Insiders hold about 64.38% of the company’s shares, while institutions hold 25.63% stake in the company. Shares short for NN as of 1724976000 were 13815316 with a Short Ratio of 16.93, compared to 1722384000 on 11842393. Therefore, it implies a Short% of Shares Outstanding of 13815316 and a Short% of Float of 18.7.
