Navitas Semiconductor Corp (NASDAQ:NVTS)’s traded shares stood at 1.7 million during the last session, with the company’s beta value hitting 2.56. At the close of trading, the stock’s price was $3.86, to imply a decrease of -1.03% or -$0.04 in intraday trading. The NVTS share’s 52-week high remains $11.16, putting it -189.12% down since that peak but still an impressive 1.55% since price per share fell to its 52-week low of $3.80. The company has a valuation of $691.90M, with an average of 3.09 million shares over the past 3 months.

Navitas Semiconductor Corp (NASDAQ:NVTS) trade information

After registering a -1.03% downside in the last session, Navitas Semiconductor Corp (NVTS) has traded red over the past five days. The stock hit a weekly high of 4.36, dropping -1.03% in its intraday price action. The 5-day price performance for the stock is -11.67%, and -18.91% over 30 days. With these gigs, the year-to-date price performance is -52.17%.

Navitas Semiconductor Corp (NVTS) estimates and forecasts

Looking at statistics comparing Navitas Semiconductor Corp share performance against respective industry, we note that the company has outperformed competitors. Navitas Semiconductor Corp (NVTS) shares are -34.69% down over the last 6 months, with its year-to-date growth rate higher than industry average at 25.00% against 5.50%. The rating firms project that company’s revenue will grow 42.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 7 analysts is $22.93 million. Meanwhile, for the quarter ending Jun 2024, a total of 7 analyst(s) estimate revenue growth to $23.81 million.Earnings reports from the last fiscal year show that sales brought in $13.36 million and $18.06 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 71.70% before jumping 31.80% in the following quarter.

NVTS Dividends

Navitas Semiconductor Corp has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Navitas Semiconductor Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.