At the end of the latest market close, Navitas Semiconductor Corporation (NVTS) was valued at $6.04. In that particular session, Stock kicked-off at the price of $6.06 while reaching the peak value of $6.75 and lowest value recorded on the day was $5.97. The stock current value is $6.66.Recently in News on March 15, 2023, Navitas New Distribution Deal with Richardson Electronics Expands Americas Footprint for Next-Gen SiC Semiconductors. Partnership for advanced GeneSiC silicon carbide (SiC) targets renewable energy, industrial, medical, transportation, and energy storage. You can read further details here
Navitas Semiconductor Corporation had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $11.01 on 03/24/22, with the lowest value was $3.11 for the same time period, recorded on 12/28/22.
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Navitas Semiconductor Corporation (NVTS) full year performance was -16.69%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Navitas Semiconductor Corporation shares are logging -39.46% during the 52-week period from high price, and 114.31% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.11 and $11.01.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1672647 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Navitas Semiconductor Corporation (NVTS) recorded performance in the market was 89.89%, having the revenues showcasing 61.77% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.05B, as it employees total of 162 workers.
Analysts verdict on Navitas Semiconductor Corporation (NVTS)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 4.79, with a change in the price was noted +2.47. In a similar fashion, Navitas Semiconductor Corporation posted a movement of +59.07% for the period of last 100 days, recording 1,308,113 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NVTS is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Navitas Semiconductor Corporation (NVTS): Technical Analysis
Raw Stochastic average of Navitas Semiconductor Corporation in the period of last 50 days is set at 91.40%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 84.43%. In the last 20 days, the company’s Stochastic %K was 70.36% and its Stochastic %D was recorded 67.78%.
Let’s take a glance in the erstwhile performances of Navitas Semiconductor Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 89.89%. Additionally, trading for the stock in the period of the last six months notably improved by 16.52%, alongside a downfall of -16.69% for the period of the last 12 months. The shares increased approximately by 5.29% in the 7-day charts and went down by 17.96% in the period of the last 30 days. Common stock shares were driven by 61.77% during last recorded quarter.
