Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Innoviz Technologies Ltd (NASDAQ: INVZ) closed the day trading at $0.69 down -6.08% from the previous closing price of $0.74. In other words, the price has decreased by -$6.08 from its previous closing price. On the day, 1.09 million shares were traded. INVZ stock price reached its highest trading level at $0.719 during the session, while it also had its lowest trading level at $0.6719.
Ratios:
For a better understanding of INVZ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 2.80. 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:
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 24 ’24 when Cegla Eldar Mordechay bought 10,000 shares for $1.53 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INVZ now has a Market Capitalization of 138099536 and an Enterprise Value of 101038744. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.69 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 4.163 whereas that against EBITDA is -1.067.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.82, which has changed by -0.38035715 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. 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 0.49%, while the 200-Day Moving Average is calculated to be -21.14%.
Shares Statistics:
Over the past 3-months, INVZ traded about 7.17M shares per day on average, while over the past 10 days, INVZ traded about 1844870 shares per day. A total of 198.96M shares are outstanding, with a floating share count of 198.96M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.65% stake in the company. Shares short for INVZ as of 1744675200 were 21548927 with a Short Ratio of 3.01, compared to 1741910400 on 24017119. Therefore, it implies a Short% of Shares Outstanding of 21548927 and a Short% of Float of 11.06.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
