The stock of NextNav Inc (NN) has seen a 8.86% increase in the past week, with a 71.90% gain in the past month, and a 128.31% flourish in the past quarter. The volatility ratio for the week is 11.73%, and the volatility levels for the past 30 days are at 7.77% for NN. The simple moving average for the past 20 days is 24.67% for NN’s stock, with a 108.78% simple moving average for the past 200 days.
Is It Worth Investing in NextNav Inc (NASDAQ: NN) Right Now?
The stock has a 36-month beta value of 1.01. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NN is 45.92M, and at present, short sellers hold a 29.57% of that float. On November 20, 2024, the average trading volume of NN was 850.74K shares.
NN) stock’s latest price update
The stock of NextNav Inc (NASDAQ: NN) has increased by 7.35 when compared to last closing price of 15.10. Despite this, the company has experienced a 8.86% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that NextNav, Inc. (NASDAQ:NN ) Q3 2024 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Erica Bartsch – Investor Relations Mariam Sorond – Chairman, CEO & President Christian Gates – CFO Conference Call Participants Mike Crawford – B. Riley Timothy Horan – Oppenheimer Rosemary Sisson – Odeon Capital Jamie Perez – RF Lafferty Operator Hello, and welcome to the NextNav Third Quarter 2024 Earnings Call.
Analysts’ Opinion of NN
Many brokerage firms have already submitted their reports for NN stocks, with B. Riley Securities repeating the rating for NN by listing it as a “Buy.” The predicted price for NN in the upcoming period, according to B. Riley Securities is $20 based on the research report published on November 14, 2024 of the current year 2024.
R. F. Lafferty gave a rating of “Buy” to NN, setting the target price at $16 in the report published on January 06th of the previous year.
NN Trading at 63.87% from the 50-Day Moving Average
After a stumble in the market that brought NN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.76% of loss for the given period.
Volatility was left at 7.77%, however, over the last 30 days, the volatility rate increased by 11.73%, as shares surge +61.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +124.83% upper at present.
During the last 5 trading sessions, NN rose by +8.87%, which changed the moving average for the period of 200-days by +289.66% in comparison to the 20-day moving average, which settled at $13.00. In addition, NextNav Inc saw 264.27% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NN starting from Arun Raghupathy, who proposed sale 1,123 shares at the price of $14.27 back on Nov 18 ’24. After this action, Arun Raghupathy now owns shares of NextNav Inc, valued at $16,025 using the latest closing price.
Raghupathy Arun, the Senior Vice President of NextNav Inc, sale 1,123 shares at $14.27 during a trade that took place back on Nov 18 ’24, which means that Raghupathy Arun is holding 1,090,351 shares at $16,025 based on the most recent closing price.
Stock Fundamentals for NN
Current profitability levels for the company are sitting at:
- -13.15 for the present operating margin
- -1.34 for the gross margin
The net margin for NextNav Inc stands at -17.33. The total capital return value is set at -0.43. Equity return is now at value -117.95, with -49.89 for asset returns.
Based on NextNav Inc (NN), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at -0.52. The debt to equity ratio resting at 1.08. The interest coverage ratio of the stock is -28.74.
Currently, EBITDA for the company is -59.04 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 421.5. The receivables turnover for the company is 2.22for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.01.
Conclusion
To sum up, NextNav Inc (NN) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
