For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Invivyd Inc (NASDAQ: IVVD) closed at $0.69 down -7.70% from its previous closing price of $0.75. In other words, the price has decreased by -$7.70 from its previous closing price. On the day, 0.62 million shares were traded. IVVD stock price reached its highest trading level at $0.7519 during the session, while it also had its lowest trading level at $0.6772.
Ratios:
For a deeper understanding of Invivyd Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 26, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $4 to $10.
Morgan Stanley Upgraded its Underweight to Equal-Weight on December 19, 2023, whereas the target price for the stock was revised from $1 to $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 31 ’24 when MCGUIRE TERRANCE sold 103,474 shares for $0.45 per share. The transaction valued at 46,098 led to the insider holds 3,066,757 shares of the business.
MCGUIRE TERRANCE sold 83,744 shares of IVVD for $43,647 on Dec 27 ’24. The Director now owns 3,256,776 shares after completing the transaction at $0.52 per share. On Dec 30 ’24, another insider, MCGUIRE TERRANCE, who serves as the Director of the company, sold 86,545 shares for $0.48 each. As a result, the insider received 41,784 and left with 3,170,231 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IVVD now has a Market Capitalization of 83252936 and an Enterprise Value of 36069244. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.27 while its Price-to-Book (P/B) ratio in mrq is 1.54. Its current Enterprise Value per Revenue stands at 0.983 whereas that against EBITDA is -0.247.
Stock Price History:
The Beta on a monthly basis for IVVD is 0.53, which has changed by -0.39122808 over the last 52 weeks, in comparison to a change of 0.18569505 over the same period for the S&P500. Over the past 52 weeks, IVVD has reached a high of $2.74, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is -12.36%, while the 200-Day Moving Average is calculated to be -11.39%.
Shares Statistics:
For the past three months, IVVD has traded an average of 1.74M shares per day and 783820 over the past ten days. A total of 119.96M shares are outstanding, with a floating share count of 76.16M. Insiders hold about 36.51% of the company’s shares, while institutions hold 47.35% stake in the company. Shares short for IVVD as of 1752537600 were 4468017 with a Short Ratio of 2.57, compared to 1749772800 on 6222812. Therefore, it implies a Short% of Shares Outstanding of 4468017 and a Short% of Float of 6.29.
