For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $1.24 in the prior trading day, Invivyd Inc (NASDAQ: IVVD) closed at $1.16, down -6.45%. In other words, the price has decreased by -$6.45 from its previous closing price. On the day, 3.44 million shares were traded.
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 1.58 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 12.00 while its Price-to-Book (P/B) ratio in mrq is 1.67.
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 37.72%, while the 200-Day Moving Average is calculated to be 8.27%.
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.
