NextNav Inc (NASDAQ: NN) Emerges As Guiding Light For Investors

NextNav Inc (NASDAQ:NN) currently has a daily average trading volume of 807.66K but it saw 703640 shares traded in last market. With a market cap of 960.03M USD, the company’s current market price of $7.60 came rising about 5.41 while comparing to the previous closing price of $7.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.50 and as low as $3.55. In the recent trading on the day, stock has struck highest price mark of $7.15 while lowest mark touched by it was $7.7.

Taking a look at 20-day trading activity of NextNav Inc (NN) gives us an average price of $7.22, while its current price level is -20.00% below from 52-week high level whereas it is 114.08% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $7.77 while that of 200 days or SMA-200 reads an average of $6.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.52% during that period while stretching the period over a month that decreases to 6.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.15 which implies that the stock is in neutral territory.

Over the week, NN’s stock price is moving 5.56% up while it is 4.68% when we observe its performance for the past one month. Year-to-date it is 70.79% up and over the past year, the stock is showing an upside performance of 69.27%.

Currently, NextNav Inc’s total number of outstanding shares is 111.13M. Company’s return on investment (ROI) stands at -72.86% and return on equity (ROE) at -123.31%. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 14.75 while price to sale or P/S ratio amounts to 219.19. Its return on asset (ROA) is -57.29% on average.