Navient Corp. stock trades under the ticker NAVI & has shown recent bullishness despite broader market volatility that is worth taking a closer look at.
NAVI stock closed at $19.91/share on 12/3/2021.
Navient Corp. NAVI Stock’s Technicals Broken Down
NAVI Stock Price: $19.91
10 Day Moving Average: $19.89
50 Day Moving Average: $19.82
200 Day Moving Average: $18.29
RSI: 50.16
MACD: -0.033
NAVI stock completed a bullish MACD crossover on Friday, despite the broader markets seeing a decline.
In doing so, it also broke above its 50 & 10 Day Moving Averages.
Its volume has been lower than average, which makes sense given the broader volatility.
However, NAVI still has a neutral RSI at 50.2, showing that it is ready to continue climbing in the near-term, pending broader market sentiment.
Navient Corp. NAVI Stock As A Long-Term Investment
Long-term investors will find NAVI stock’s valuation metrics to be appealing, with a P/E(ttm) of 3.92 & a P/B of 1.19.
NAVI stock’s Quarterly Revenue Growth was mildly disappointing, at -1.4%.
Investors may balk at NAVI’s balance sheet, where they have Total Cash (mrq) of $1.27B & Total Debt (mrq) of $78.7B.
Their beta is also a bit hotter than the wider markets at 1.74, meaning that they tend to move more aggressively than the broader markets.
NAVI stock does offer an appealing 3.2% dividend yield, which looks very safe with a 12.5% payout ratio.
This contributes to why 88.4% of their share float is held by institutional investors.
Navient Corp. NAVI Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to shrug off broader market volatility while still taking advantage of NAVI’s current momentum.
I am looking at the contracts with the 12/17 expiration dates.
The $20 & $22.50 calls look appealing, as the $17.50’s are more or less illiquid with open interest of 1, whereas the formers have about 900 contracts between the two.
The $22.50 & $25 puts also look appealing, despite also being very illiquid.
Tying It All Together
Overall, there look to be many interesting attributes about NAVI stock that traders & investors should take a closer look at.
Traders will like their current momentum & resilience against the broader market trends of the last week.
Investors will like their valuation metrics & dividend yield.
Traders & investors should take a closer look at Navient Corp.’s stock.
*** I DO NOT OWN SHARES OF NAVI STOCK ***