How To Know If NextNav Inc (NASDAQ:NN) Is Expensive At $9.02.

In last trading session, NextNav Inc (NASDAQ:NN) saw 0.56 million shares changing hands with its beta currently measuring 1.17. Company’s recent per share price level of $9.02 trading at $0.03 or 0.33% at ring of the bell on the day assigns it a market valuation of $1.02B. That closing price of NN’s stock is at a discount of -5.32% from its 52-week high price of $9.50 and is indicating a premium of 78.71% from its 52-week low price of $1.92. Taking a look at company’s average trading volume volume of 916.57K if we extend that period to 3-months.

NextNav Inc (NASDAQ:NN) trade information

Upright in the green during last session for gaining 0.33%, in the last five days NN remained trading in the red while hitting it’s week-highest on Tuesday, 04/30/24 when the stock touched $9.02 price level, adding 5.05% to its value on the day. NextNav Inc’s shares saw a change of 102.70% in year-to-date performance and have moved -4.25% in past 5-day. NextNav Inc (NASDAQ:NN) showed a performance of 24.41% in past 30-days.

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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 97.37% of value to its shares in past 6 months, showing an annual growth rate of 10.61% while that of industry is 19.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 97.60% 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 1.22M for the same. And 2 analysts are in estimates of company making revenue of 1.73M in the next quarter. Company posted 830k and 800k of sales in current and next quarters respectively a year earlier.

NN Dividends

NextNav Inc 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.