The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
As of close of business last night, Innoviz Technologies Ltd’s stock clocked out at $1.92, down -1.54% from its previous closing price of $1.95. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 7.17 million shares were traded. INVZ stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.86.
Ratios:
To gain a deeper understanding of INVZ’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.23 and its Current Ratio is at 4.30. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.22.
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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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 382007040 and an Enterprise Value of 299129280. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.04 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 8.645 whereas that against EBITDA is -3.893.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.20, which has changed by 1.3762376 over the last 52 weeks, in comparison to a change of 0.16932249 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 50.65%, while the 200-Day Moving Average is calculated to be 89.04%.
Shares Statistics:
It appears that INVZ traded 6.97M shares on average per day over the past three months and 9591420 shares per day over the past ten days. A total of 198.96M shares are outstanding, with a floating share count of 194.84M. Insiders hold about 2.07% of the company’s shares, while institutions hold 29.24% stake in the company. Shares short for INVZ as of 1752537600 were 27964661 with a Short Ratio of 4.01, compared to 1749772800 on 22729112. Therefore, it implies a Short% of Shares Outstanding of 27964661 and a Short% of Float of 14.35.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
