In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Invivyd Inc (NASDAQ: IVVD) closed the day trading at $1.24 down -29.94% from the previous closing price of $1.77. In other words, the price has decreased by -$29.94 from its previous closing price. On the day, 14.14 million shares were traded.
Ratios:
For a better understanding of IVVD, let’s look at its different ratios. 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:
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.83 while its Price-to-Book (P/B) ratio in mrq is 1.78.
Stock Price History:
Over the past 52 weeks, IVVD has reached a high of $4.74, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 56.98%, while the 200-Day Moving Average is calculated to be 13.20%.
Shares Statistics:
A total of 119.60M shares are outstanding, with a floating share count of 75.72M. Insiders hold about 36.70% of the company’s shares, while institutions hold 52.34% stake in the company.
