Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $1.48 in the last session, down -9.76% from day before closing price of $1.64. In other words, the price has decreased by -$9.76 from its previous closing price. On the day, 10.23 million shares were traded. INVZ stock price reached its highest trading level at $1.65 during the session, while it also had its lowest trading level at $1.48.
Ratios:
We take a closer look at INVZ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.23 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.22.
Goldman Downgraded its Buy to Neutral on July 11, 2024, whereas the target price for the stock was revised from $2.25 to $1.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 24 ’24 when Cegla Eldar Mordechay bought 10,000 shares for $1.53 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVZ now has a Market Capitalization of 294463776 and an Enterprise Value of 247179632. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.51 while its Price-to-Book (P/B) ratio in mrq is 3.18. Its current Enterprise Value per Revenue stands at 7.144 whereas that against EBITDA is -3.217.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.17, which has changed by 0.6245884 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, INVZ has reached a high of $3.14, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is 54.07%, while the 200-Day Moving Average is calculated to be 57.75%.
Shares Statistics:
According to the various share statistics, INVZ traded on average about 4.80M shares per day over the past 3-months and 14329510 shares per day over the past 10 days. A total of 198.96M shares are outstanding, with a floating share count of 194.84M. Insiders hold about 2.07% of the company’s shares, while institutions hold 28.73% stake in the company. Shares short for INVZ as of 1749772800 were 22729112 with a Short Ratio of 4.73, compared to 1747267200 on 22570164. Therefore, it implies a Short% of Shares Outstanding of 22729112 and a Short% of Float of 11.66.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
