NeoPhotonics Corporation (NYSE:NPTN) shares fell to a low of $12.26 before closing at $12.55. Intraday shares traded counted 0.44 million, which was 37.74% higher than its 30-day average trading volume of 709.64K. NPTN’s previous close was $12.37 while the outstanding shares total 49.94M. The firm has a beta of 1.17, a 12-month trailing P/E ratio of 69.72, and a growth ratio of 4.65. The stock’s Relative Strength Index (RSI) is 57.66, with weekly volatility at 5.69% and ATR at 0.68. The NPTN stock’s 52-week price range has touched low of $4.65 and a $14.14 high. The stock traded higher over the last trading session, gaining 1.46% on 02/19/21.
Investors have identified the Semiconductors company NeoPhotonics Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $620.35 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
NeoPhotonics Corporation (NPTN) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For NPTN, the company has in raw cash 95.27 million on their books with 3.15 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 257.58 million total, with 109.02 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.43 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on NPTN sounds very interesting.
Is the stock of NPTN attractive?
In related news, Chief Operating Officer, cheung Chiyue sold 13,000 shares of the company’s stock in a transaction that recorded on Feb 11. The sale was performed at an average price of 12.57, for a total value of 163,419. As the sale deal closes, the Chief Operating Officer, cheung Chiyue now sold 19,500 shares of the company’s stock, valued at 230,441. Also, Director, SOPHIE MICHAEL J sold 34,063 shares of the company’s stock in a deal that was recorded on Jan 15. The shares were price at an average price of 11.00 per share, with a total market value of 374,693. Following this completion of acquisition, the CEO, Jenks Timothy Storrs now holds 2,924 shares of the company’s stock, valued at 28,948. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.60%.
6 out of 11 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on NeoPhotonics Corporation. 1 analysts has assigned a Sell rating on the NPTN stock. The 12-month mean consensus price target for the company’s shares has been set at $12.06.