In last trading session, Navitas Semiconductor Corp (NASDAQ:NVTS) saw 1.98 million shares changing hands with its beta currently measuring 2.51. Company’s recent per share price level of $4.27 trading at -$0.06 or -1.39% at ring of the bell on the day assigns it a market valuation of $765.40M. That closing price of NVTS’s stock is at a discount of -161.36% from its 52-week high price of $11.16 and is indicating a premium of 17.1% from its 52-week low price of $3.54. Taking a look at company’s average trading volume volume of 3.23 million if we extend that period to 3-months.

Navitas Semiconductor Corp (NASDAQ:NVTS) trade information

Upright in the red during last session for losing -1.39%, in the last five days NVTS remained trading in the green while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $4.27 price level, adding 7.97% to its value on the day. Navitas Semiconductor Corp’s shares saw a change of -47.09% in year-to-date performance and have moved 3.39% in past 5-day. Navitas Semiconductor Corp (NASDAQ:NVTS) showed a performance of -8.17% in past 30-days.

Navitas Semiconductor Corp (NVTS) estimates and forecasts

Statistics highlight that Navitas Semiconductor Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -11.59% of value to its shares in past 6 months, showing an annual growth rate of 25.00% while that of industry is 4.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around 7.65% while estimates for its earnings growth in next 5 years are of 20.00%.

NVTS Dividends

Navitas Semiconductor Corp is more likely to be releasing its next quarterly report in June 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.