Navitas Semiconductor Corp (NVTS) concluded trading on Thursday at a closing price of $2.04, with 3.3 million shares of worth about $6.74 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.93% during that period and on March 27, 2025 the price saw a loss of about -4.23%. Currently the company’s common shares owned by public are about 188.11M shares, out of which, 116.42M shares are available for trading.
Stock saw a price change of -12.45% in past 5 days and over the past one month there was a price change of -21.54%. Year-to-date (YTD), NVTS shares are showing a performance of -42.86% which decreased to -53.95% 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 $5.14 during that period. The average intraday trading volume for Navitas Semiconductor Corp shares is 4.37 million. The stock is currently trading -14.56% below its 20-day simple moving average (SMA20), while that difference is down -26.97% for SMA50 and it goes to -33.48% lower than SMA200.
Navitas Semiconductor Corp (NASDAQ: NVTS) currently have 188.11M outstanding shares and institutions hold larger chunk of about 35.90% of that.
The stock has a current market capitalization of $388.68M and its 3Y-monthly beta is at 2.23. 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 6.30% while standing at 9.28% 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.
