Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.73 in the prior trading day, Invivyd Inc (NASDAQ: IVVD) closed at $0.72, down -0.54%. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 0.89 million shares were traded. IVVD stock price reached its highest trading level at $0.7717 during the session, while it also had its lowest trading level at $0.7204.
Ratios:
Our goal is to gain a better understanding of IVVD by taking a closer look at its different 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 86863760 and an Enterprise Value of 39680084. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.37 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 1.082 whereas that against EBITDA is -0.272.
Stock Price History:
The Beta on a monthly basis for IVVD is 0.51, which has changed by -0.27600002 over the last 52 weeks, in comparison to a change of 0.21149921 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 -8.21%, while the 200-Day Moving Average is calculated to be -7.09%.
Shares Statistics:
The stock has traded on average 1.72M shares per day over the past 3-months and 756060 shares per day over the last 10 days, according to various share statistics. 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 47.33% stake in the company. Shares short for IVVD as of 1752537600 were 4468017 with a Short Ratio of 2.60, compared to 1749772800 on 6222812. Therefore, it implies a Short% of Shares Outstanding of 4468017 and a Short% of Float of 6.29.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
