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Invivyd Inc (NASDAQ: IVVD) closed the day trading at $0.67 down -4.45% from the previous closing price of $0.70. In other words, the price has decreased by -$4.45 from its previous closing price. On the day, 0.6 million shares were traded. IVVD stock price reached its highest trading level at $0.75 during the session, while it also had its lowest trading level at $0.6701.
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 May 29 ’24 when MCGUIRE TERRANCE sold 112,381 shares for $1.66 per share. The transaction valued at 186,575 led to the insider holds 4,688,079 shares of the business.
Adimab, LLC sold 5,000,000 shares of IVVD for $19,750,000 on Jan 19 ’24. The 10% Owner now owns 21,687,906 shares after completing the transaction at $3.95 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, IVVD now has a Market Capitalization of 80166640 and an Enterprise Value of -52780596. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.95 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at -23.313 whereas that against EBITDA is 0.251.
Stock Price History:
Over the past 52 weeks, IVVD has reached a high of $5.20, while it has fallen to a 52-week low of $0.69. The 50-Day Moving Average of the stock is -29.92%, while the 200-Day Moving Average is calculated to be -64.05%.
Shares Statistics:
Over the past 3-months, IVVD traded about 529.55K shares per day on average, while over the past 10 days, IVVD traded about 804240 shares per day. A total of 110.16M shares are outstanding, with a floating share count of 73.45M. Insiders hold about 38.59% 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 15.62, compared to 1727654400 on 6810779. Therefore, it implies a Short% of Shares Outstanding of 8272000 and a Short% of Float of 10.5.
