NextNav (NASDAQ:NN – Get Rating) is set to announce its earnings results after the market closes on Wednesday, March 22nd. Analysts expect the company to announce earnings of ($0.17) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
NextNav Price Performance
Shares of NN stock opened at $2.16 on Wednesday. The business’s fifty day moving average price is $2.87 and its 200 day moving average price is $3.00. NextNav has a 1-year low of $1.85 and a 1-year high of $8.47. The firm has a market capitalization of $229.78 million, a PE ratio of -1.41 and a beta of 1.88.
Insider Buying and Selling
In related news, SVP David L. Knutson sold 10,000 shares of the company’s stock in a transaction on Thursday, January 12th. The stock was sold at an average price of $3.04, for a total transaction of $30,400.00. Following the transaction, the senior vice president now owns 582,456 shares of the company’s stock, valued at $1,770,666.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 19,062 shares of company stock valued at $55,321 over the last quarter. Company insiders own 15.70% of the company’s stock.
Institutional Trading of NextNav
NextNav Inc provides next generation global positioning system (GPS) and 3D geolocation services. The company delivers next generation positioning, navigation, and timing solutions through its network-based Pinnacle and TerraPoiNT solutions. Its Pinnacle 3D geolocation service is commercially available in approximately 4,400 cities and towns in the United States; and its TerraPoiNT terrestrial-based encrypted network has deployments in 51 total markets nationally.
- Get a free copy of the StockNews.com research report on NextNav (NN)
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