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NextNav Inc (NASDAQ: NN) closed the day trading at $7.55 down -0.59% from the previous closing price of $7.59. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.67 million shares were traded. NN stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.44.
Ratios:
For a better understanding of NN, let’s 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 Aug 26 ’24 when SUBIN NEIL S bought 125,000 shares for $6.93 per share. The transaction valued at 866,250 led to the insider holds 2,490,213 shares of the business.
SUBIN NEIL S bought 100,000 shares of NN for $692,000 on Aug 23 ’24. The Director now owns 2,365,213 shares after completing the transaction at $6.92 per share. On Aug 27 ’24, another insider, SUBIN NEIL S, who serves as the Director of the company, bought 25,000 shares for $6.93 each. As a result, the insider paid 173,250 and bolstered with 2,515,213 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 953716032 and an Enterprise Value of 937206784. For the stock, the TTM Price-to-Sale (P/S) ratio is 217.74 while its Price-to-Book (P/B) ratio in mrq is 14.65. Its current Enterprise Value per Revenue stands at 213.828 whereas that against EBITDA is -15.305.
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 -2.30%, while the 200-Day Moving Average is calculated to be 17.62%.
Shares Statistics:
Over the past 3-months, NN traded about 816.82K shares per day on average, while over the past 10 days, NN traded about 656170 shares per day. 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 16.91, compared to 1722384000 on 11842393. Therefore, it implies a Short% of Shares Outstanding of 13815316 and a Short% of Float of 18.7.
