Navitas Semiconductor Corp (NVTS) concluded trading on Thursday at a closing price of $2.03, with 3.99 million shares of worth about $8.11 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -20.70% during that period and on April 24, 2025 the price saw a gain of about 9.14%. Currently the company’s common shares owned by public are about 188.11M shares, out of which, 116.48M shares are available for trading.
Stock saw a price change of 17.34% in past 5 days and over the past one month there was a price change of -8.14%. Year-to-date (YTD), NVTS shares are showing a performance of -43.14% which decreased to -44.69% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.52 but also hit the highest price of $5.14 during that period. The average intraday trading volume for Navitas Semiconductor Corp shares is 4.15 million. The stock is currently trading 10.91% above its 20-day simple moving average (SMA20), while that difference is down -11.49% for SMA50 and it goes to -28.53% lower than SMA200.
Navitas Semiconductor Corp (NASDAQ: NVTS) currently have 188.11M outstanding shares and institutions hold larger chunk of about 35.86% of that.
The stock has a current market capitalization of $386.78M and its 3Y-monthly beta is at 2.21. 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 6.97% while standing at 10.42% over the month.
Stock’s fiscal year EPS is expected to rise by 30.09% while it is estimated to increase by 54.55% in next year. EPS is likely to grow at an annualized rate of 60.31% for next 5-years, compared to annual growth of 6.32% made by the stock over the past 5-years.
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 Morgan Stanley on April 07, 2025 offering an Underweight rating for the stock and assigned a target price of $1.50 to it. Coverage by Jefferies stated Navitas Semiconductor Corp (NVTS) stock as a Hold in their note to investors on May 13, 2024, suggesting a price target of $4 for the stock. On January 16, 2024, Northland Capital Initiated their recommendations, while on August 29, 2023, Morgan Stanley Initiated their ratings for the stock with a price target of $9.20. Stock get a Buy rating from Rosenblatt on February 24, 2022.
