Navitas Semiconductor Corp (NASDAQ:NVTS) currently has a daily average trading volume of 4.84M but it saw 61759440 shares traded in last market. With a market cap of 366.35M USD, the company’s current market price of $1.91 came falling about -4.50 while comparing to the previous closing price of $2.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.14 and as low as $1.52.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Morgan Stanley which downgraded the stock as “Underweight” in its note to investors issued on April 07, 2025, recommending a price target of $1.50 for it. Jefferies downgraded its recommendation for the stock as a “Hold” from “Buy” on May 13, 2024 while assigning a price target range of $10-$4.
Over the week, NVTS’s stock price is moving -8.61% down while it is 6.11% when we observe its performance for the past one month. Year-to-date it is -46.50% down and over the past year, the stock is showing a downside performance of -50.00%.
Currently, Navitas Semiconductor Corp’s total number of outstanding shares is 191.76M with 25.08% of that held by the insiders while 39.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -28.17% and return on equity (ROE) at -26.43%. Stock’s beta reads 2.19. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 4.94. Its return on asset (ROA) is -23.31% on average.
