Navitas Semiconductor Corp (NASDAQ:NVTS) shares, rose in value on Wednesday, April 16, with the stock price down by -0.57% to the previous day’s close as strong demand from buyers drove the stock to $1.73.
Actively observing the price movement in the last trading, the stock closed the session at $1.74, falling within a range of $1.67 and $1.78. The value of beta (5-year monthly) was 2.227. Referring to stock’s 52-week performance, its high was $5.14, and the low was $1.52. On the whole, NVTS has fluctuated by -30.24% over the past month.
With the market capitalization of Navitas Semiconductor Corp currently standing at about $329.61 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-23.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 75.69M, with a low estimate of 13.5M and a high estimate of 14.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NVTS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of NVTS currently trading nearly -10.26% and -28.02% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 40.18, while the 7-day volatility ratio is showing 7.07% which for the 30-day chart, stands at 10.53%. Furthermore, Navitas Semiconductor Corp (NVTS)’s beta value is 2.24, and its average true range (ATR) is 0.21.
A comparison of Navitas Semiconductor Corp (NVTS) with its peers suggests the former has fared considerably weaker in the market. NVTS showed an intraday change of -0.57% in last session, and over the past year, it shrunk by -58.71%%.
Data on historical trading for Navitas Semiconductor Corp (NASDAQ:NVTS) indicates that the trading volumes over the past 10 days have averaged 4.49 and over the past 3 months, they’ve averaged 4.20 million. According to company’s latest data on outstanding shares, there are 188.11 million shares outstanding.
Nearly 38.87% of Navitas Semiconductor Corp’s shares belong to company insiders and institutional investors own 35.87% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 28.53 million shares as on 2025-03-31, resulting in a short ratio of 6.54. According to the data, the short interest in Navitas Semiconductor Corp (NVTS) stood at 2154.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 31.4 million. The stock has fallen by -51.54% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NVTS stock heading into the next quarter.
