For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
NextNav Inc (NASDAQ: NN) closed the day trading at $12.76 up 6.60% from the previous closing price of $11.97. In other words, the price has increased by $6.60 from its previous closing price. On the day, 1.54 million shares were traded. NN stock price reached its highest trading level at $13.04 during the session, while it also had its lowest trading level at $12.14.
Ratios:
For a better understanding of NN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.09 and its Current Ratio is at 7.09. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.38.
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:
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 Mar 20 ’25 when Shamsunder Sanyogita bought 11,461 shares for $12.04 per share.
Shams Sammaad sold 3,938 shares of NN for $44,880 on Mar 18 ’25. The Chief Accounting Officer now owns 71,366 shares after completing the transaction at $11.40 per share. On Mar 19 ’25, another insider, Shams Sammaad, who serves as the Chief Accounting Officer of the company, sold 102 shares for $11.63 each. As a result, the insider received 1,186 and left with 71,264 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 1677327488 and an Enterprise Value of 1668644608. For the stock, the TTM Price-to-Sale (P/S) ratio is 295.82 while its Price-to-Book (P/B) ratio in mrq is 33.39. Its current Enterprise Value per Revenue stands at 294.345 whereas that against EBITDA is -30.074.
Stock Price History:
The Beta on a monthly basis for NN is 1.07, which has changed by 0.84126985 over the last 52 weeks, in comparison to a change of 0.10838497 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 $5.53. The 50-Day Moving Average of the stock is 8.49%, while the 200-Day Moving Average is calculated to be 19.39%.
Shares Statistics:
Over the past 3-months, NN traded about 1.42M shares per day on average, while over the past 10 days, NN traded about 1798350 shares per day. A total of 131.14M shares are outstanding, with a floating share count of 59.15M. Insiders hold about 55.00% of the company’s shares, while institutions hold 36.68% stake in the company. Shares short for NN as of 1740700800 were 13758108 with a Short Ratio of 9.67, compared to 1738281600 on 13475249. Therefore, it implies a Short% of Shares Outstanding of 13758108 and a Short% of Float of 17.61.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
