Navient Corp. stock trades under the ticker NAVI & has shown recent bullishness that traders & investors should research further into for when market volatility has subsided.
NAVI stock closed at $15.44/share on 5/17/2023.
Navient Corp. NAVI Stock’s Technical Performance Broken Down
NAVI Stock Price: $15.44
10 Day Moving Average: $14.92
50 Day Moving Average: $15.80
200 Day Moving Average: $16.00
RSI: 48.72
MACD: -0.315, -0.328, 0.013
Yesterday, NAVI stock completed a bullish MACD crossover, gaining +2.8% on the day’s session.
Their RSI is in neutral range at 48.7, with recent trading volumes being average/just below average compared to the year prior.
Investors would be wise to watch how NAVI stock behaves around its support levels in the coming weeks to plan where to enter once the markets have become less volatile, while traders can use options in the meantime to profit from the swings in their price level.
NAVI has support at the $15.41, $15.16, $15.05 & $15 price levels, with resistance at the $15.55, $15.76, $15.80 (50 day moving average) & $15.95/share price levels.
Navient Corp. NAVI Stock As A Long-Term Investment
Long-term focused investors will like NAVI stock’s 4.46 P/E (ttm), as well as their 0.7 P/B (mrq).
They recently reported -38.2% Quarterly Revenue Growth Y-o-Y, with -56.5% Quarterly Earnings Growth Y-o-Y, which investors will want to research deeper into before investing.
Their balance sheet will also require a more thorough review, with $643M of Total Cash (mrq) & $63.37B of Total Debt (mrq).
NAVI stock pays a 4.26% dividend, which appears to be sustainable in the long-run, as their payout ratio is 17.39%.
96.38% of NAVI stock’s outstanding share float is owned by institutional investors.
Navient Corp. NAVI Stock As A Short-Term Trade Using Options
Short-term oriented traders can use options to profit from NAVI stock’s price movements, while protecting their portfolios from volatility.
NAVI stock has limited liquidity in their near-term options prices.
The for call options, the $15 5/19 expiration dated contracts, $15 6/16 expiration dated contracts & $15 7/21 dated contracts are all in-the-money.
For puts, currently the only in-the-money strike price are the $17.50 puts that expire on 7/21.
Tying It All Together
NAVI stock has many interesting characteristics that traders & investors should research further into for when markets become less volatile.
Investors will like their valuation metrics & dividend yield, but may want to look into their recent growth metrics, as well as their balance sheet before investing.
Traders will like their recent technical performance, but will be disappointed by the current, less than liquid state of their options.
Overall, it is worth taking a closer look at NAVI stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS CONTRACTS IN NAVI STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***