During the last session, NextNav Inc (NASDAQ:NN)’s traded shares were 1.02 million, with the beta value of the company hitting 1.23. At the end of the trading day, the stock’s price was $8.27, reflecting an intraday loss of -5.05% or -$0.43. The 52-week high for the NN share is $8.91, that puts it down -7.74 from that peak though still a striking 76.78% gain since the share price plummeted to a 52-week low of $1.92. The company’s market capitalization is $930.23M, and the average trade volume was 905.64K shares over the past three months.
NextNav Inc (NASDAQ:NN) trade information
NextNav Inc (NN) registered a -5.05% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -5.05% in intraday trading to $8.27, hitting a weekly high. The stock’s 5-day price performance is 2.29%, and it has moved by 19.26% in 30 days. Based on these gigs, the overall price performance for the year is 282.64%.
NextNav Inc (NN) estimates and forecasts
Statistics show that NextNav Inc has underperformed its competitors in share price, compared to the industry in which it operates. NextNav Inc (NN) shares have gone up 86.57% during the last six months, with a year-to-date growth rate less than the industry average at 10.61% against 18.50. In the rating firms’ projections, revenue will increase 97.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.22M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.73M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 830k and 800k respectively. In this case, analysts expect current quarter sales to grow by 47.00% and then jump by 116.20% in the coming quarter.
While earnings are projected to return 12.63% in 2024.
NN Dividends
NextNav Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
