Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Invivyd Inc (NASDAQ: IVVD) was $0.41 for the day, down -7.49% from the previous closing price of $0.44. In other words, the price has decreased by -$7.49 from its previous closing price. On the day, 0.76 million shares were traded. IVVD stock price reached its highest trading level at $0.4449 during the session, while it also had its lowest trading level at $0.4002.
Ratios:
Our analysis of IVVD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 1.92. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 48611940 and an Enterprise Value of -52780596. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.21 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at -23.313 whereas that against EBITDA is 0.251.
Stock Price History:
The Beta on a monthly basis for IVVD is 0.65, which has changed by -0.90977776 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, IVVD has reached a high of $5.20, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is -34.29%, while the 200-Day Moving Average is calculated to be -68.17%.
Shares Statistics:
IVVD traded an average of 1.04M shares per day over the past three months and 2517680 shares per day over the past ten days. A total of 119.60M shares are outstanding, with a floating share count of 75.14M. Insiders hold about 37.18% of the company’s shares, while institutions hold 56.90% stake in the company. Shares short for IVVD as of 1730332800 were 8272000 with a Short Ratio of 3.81, compared to 1727654400 on 6810779. Therefore, it implies a Short% of Shares Outstanding of 8272000 and a Short% of Float of 10.5.
