Navient Corporation (NASDAQ:NAVI) has a beta of 1.87, a 12-month trailing P/E ratio of 3.60, and a growth ratio of 0.49. The stock’s Relative Strength Index (RSI) is 79.00, with weekly volatility at 2.93% and ATR at 0.41. The NAVI stock’s 52-week price range has touched low of $6.14 and a $17.06 high. Its shares traded higher over the last trading session, gaining 0.24% on 05/03/21. The shares fell to a low of $16.77 before closing at $16.87. Intraday shares traded counted 1.81 million, which was 10.59% higher than its 30-day average trading volume of 2.02M. NAVI’s previous close was $16.83 while the outstanding shares total 183.00M.
Investors have identified the Credit Services company Navient 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 $3.06 billion, 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.
Having a look at the company’s valuation, the company is expected to record 3.24 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 NAVI sounds very interesting.
Is the stock of NAVI attractive?
In related news, Director, CABRAL ANNA ESCOBEDO bought 6,000 shares of the company’s stock in a transaction that recorded on Aug 13. The purchase was performed at an average price of 8.81, for a total value of 52,860. As the purchase deal closes, the Chief Executive Officer, REMONDI JOHN F now bought 50,000 shares of the company’s stock, valued at 390,930. Also, Director, ARNOLD FREDERICK bought 6,500 shares of the company’s stock in a deal that was recorded on May 13. The shares were cost at an average price of 6.66 per share, with a total market value of 43,287. Following this completion of disposal, the Director, UNGER LAURA S now holds 3,000 shares of the company’s stock, valued at 21,750. In the last 6 months, insiders have changed their ownership in shares of company stock by 2.50%.
7 out of 10 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Navient Corporation. 0 analysts has assigned a Sell rating on the NAVI stock. The 12-month mean consensus price target for the company’s shares has been set at $17.19.