Navient Corporation (NAVI) : Traders are bullish on Navient Corporation (NAVI) as it has outperformed the S&P 500 by a wide margin of 0.56% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.37%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.71% in the last 1 week, and is up 0.35% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.99% and the fifty day Moving Average is 6.49%. Navient Corporation is up 6.96% in the last three month period. Year-to-Date the stock performance stands at 27.79%.
Navient Corporation (NAVI) : Currently there are 2 street experts covering Navient Corporation (NAVI) stock. The most bullish and bearish price target for the stock is $19 and $13 respectively for the short term. The average price target of all the analysts comes to $16. The estimated standard deviation from the target is $4.24.
Navient Corporation (NASDAQ:NAVI): On Fridays trading session , Opening price of the stock was $14.42 with an intraday high of $14.59. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $14.13. However, the stock managed to close at $14.25, a loss of 0.70% for the day. On the previous day, the stock had closed at $14.35. The total traded volume of the day was 1,699,207 shares.
Navient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans, Private Education Loans and Business Services. The Company services its own portfolio of education loans, as well as those owned by banks, credit unions, non-profit education lenders and ED. It also provides asset recovery services on its own portfolio, guaranty agencies, higher education institutions, ED and other federal clients, as well as states, courts and municipalities.