NextNav Inc (NASDAQ: NN) Now -12.29% Off Its High ($18.54), Does Analysts See Headwinds And Risks?

NextNav Inc (NASDAQ:NN) currently has a daily average trading volume of 1.22M but it saw 1997772 shares traded in last market. With a market cap of 2.15B USD, the company’s current market price of $16.26 came rising about 1.37 while comparing to the previous closing price of $16.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.54 and as low as $6.47. In the recent trading on the day, stock has struck highest price mark of $15.84 while lowest mark touched by it was $16.58.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the B. Riley Securities which reiterated the stock as “Buy” in its note to investors issued on November 14, 2024, recommending a price target of between $12 and $20 for it. R. F. Lafferty issued its recommendations for the stock as it initiated the price target for the stock is $16.

Over the week, NN’s stock price is moving 5.17% up while it is 31.87% when we observe its performance for the past one month. Year-to-date it is 95.20% up and over the past year, the stock is showing an upside performance of 4.50%.

Currently, NextNav Inc’s total number of outstanding shares is 132.28M with 32.15% of that held by the insiders while 54.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -55.09% and return on equity (ROE) at -412.45%. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 327.23 while price to sale or P/S ratio amounts to 349.48. Its return on asset (ROA) is -59.34% on average.

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