Navitas Semiconductor Corp (NVTS) concluded trading on Wednesday at a closing price of $2.64, with 4.7 million shares of worth about $12.42 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.58% during that period and on March 05, 2025 the price saw a gain of about 8.20%. Currently the company’s common shares owned by public are about 186.80M shares, out of which, 114.13M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of 1.54% in past 5 days and over the past one month there was a price change of -8.97%. Year-to-date (YTD), NVTS shares are showing a performance of -26.05% which decreased to -53.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.75 but also hit the highest price of $5.71 during that period. The average intraday trading volume for Navitas Semiconductor Corp shares is 6.00 million. The stock is currently trading -7.34% below its 20-day simple moving average (SMA20), while that difference is down -17.26% for SMA50 and it goes to -17.35% lower than SMA200.
Navitas Semiconductor Corp (NASDAQ: NVTS) currently have 186.80M outstanding shares and institutions hold larger chunk of about 36.64% of that.
The stock has a current market capitalization of $493.14M and its 3Y-monthly beta is at 2.19. It has posted earnings per share of -$0.46 in the same period. It has Quick Ratio of 4.96 while making debt-to-equity ratio of 0.02. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NVTS, volatility over the week remained 12.12% while standing at 9.39% over the month.
Stock’s fiscal year EPS is expected to rise by 30.56% while it is estimated to increase by 54.25% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on May 13, 2024 offering a Hold rating for the stock and assigned a target price range of between $10 and $4 to it. On August 29, 2023, Morgan Stanley Initiated their recommendations, while on February 24, 2022, Rosenblatt Initiated their ratings for the stock with a price target of $15. Stock get a Buy rating from Needham on February 17, 2022.
