NextNav Inc [NN] stock is trading at $8.06, up 14.16%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NN shares have gain 0.12% over the last week, with a monthly amount drifted -3.24%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
NextNav Inc [NASDAQ: NN] stock has seen the most recent analyst activity on August 12, 2022, when Oppenheimer downgraded its rating to a Perform. Previously, R. F. Lafferty started tracking the stock with Buy rating on January 06, 2022, and set its price target to $16.
NextNav Inc [NN] stock has fluctuated between $3.27 and $9.50 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. NextNav Inc [NASDAQ: NN] shares were valued at $8.06 at the most recent close of the market. An investor can expect a potential return of 11.66% based on the average NN price forecast.
Analyzing the NN fundamentals
NextNav Inc [NASDAQ:NN] reported sales of 4.08M for the trailing twelve months, which represents a growth of 26.02%. Gross Profit Margin for this corporation currently stands at -2.69% with Operating Profit Margin at -16.12%, Pretax Profit Margin comes in at -21.26%, and Net Profit Margin reading is -21.33%. To continue investigating profitability, this company’s Return on Assets is posted at -0.53, Equity is -1.14 and Total Capital is -0.46. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.13 points at the first support level, and at 6.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.69, and for the 2nd resistance point, it is at 9.33.
Ratios To Look Out For
For context, NextNav Inc’s Current Ratio is 4.01. In addition, the Quick Ratio stands at 4.01 and the Cash Ratio stands at 3.04. Considering the valuation of this stock, the price to sales ratio is 241.86, the price to book ratio is 16.23.
Transactions by insiders
Recent insider trading involved SAMBERG JOSEPH D, 10% Owner, that happened on Jun 24 ’24 when 81200.0 shares were purchased. 10% Owner, SAMBERG JOSEPH D completed a deal on Jun 21 ’24 to buy 53000.0 shares. Meanwhile, 10% Owner SAMBERG JOSEPH D bought 0.18 million shares on Jun 20 ’24.
