In last trading session, NextNav Inc (NASDAQ:NN) saw 0.45 million shares changing hands with its beta currently measuring 1.31. Company’s recent per share price level of $4.41 trading at $0.01 or 0.23% at ring of the bell on the day assigns it a market valuation of $485.81M. That closing price of NN’s stock is at a discount of -37.64% from its 52-week high price of $6.07 and is indicating a premium of 63.95% from its 52-week low price of $1.59. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.69 million shares which gives us an average trading volume of 763.85K if we extend that period to 3-months.
NextNav Inc (NASDAQ:NN) trade information
Upright in the green during last session for gaining 0.23%, in the last five days NN remained trading in the green while hitting it’s week-highest on Friday, 02/09/24 when the stock touched $4.41 price level, adding 2.65% to its value on the day. NextNav Inc’s shares saw a change of -0.90% in year-to-date performance and have moved 7.82% in past 5-day. NextNav Inc (NASDAQ:NN) showed a performance of -3.82% in past 30-days. Number of shares sold short was 6.22 million shares which calculate 8.54 days to cover the short interests.
NextNav Inc (NN) estimates and forecasts
Statistics highlight that NextNav Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 16.67% of value to its shares in past 6 months, showing an annual growth rate of -60.00% while that of industry is 7.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.90% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.19 million for the same.
NextNav Inc is more likely to be releasing its next quarterly report in March and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.