Analyzing Ratios: Innoviz Technologies Ltd (INVZ)’s Financial Story Unveiled

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The price of Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.74 in the last session, up 0.65% from day before closing price of $0.73. In other words, the price has increased by $0.65 from its previous closing price. On the day, 5.5 million shares were traded.

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 2.91 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.32.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 6.04 while its Price-to-Book (P/B) ratio in mrq is 0.80.

Stock Price History:

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 -47.90%, while the 200-Day Moving Average is calculated to be -22.51%.

Shares Statistics:

A total of 198.17M shares are outstanding, with a floating share count of 198.17M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.85% stake in the company.

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