Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of Invivyd Inc (NASDAQ: IVVD) was $0.51 for the day, down -8.44% from the previous closing price of $0.56. In other words, the price has decreased by -$8.44 from its previous closing price. On the day, 2.29 million shares were traded. IVVD stock price reached its highest trading level at $0.59 during the session, while it also had its lowest trading level at $0.51.
Ratios:
Our analysis of IVVD’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 66625888 and an Enterprise Value of -52780596. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.12 while its Price-to-Book (P/B) ratio in mrq is 0.73. 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 $0.40. The 50-Day Moving Average of the stock is -27.02%, while the 200-Day Moving Average is calculated to be -63.92%.
Shares Statistics:
IVVD traded an average of 713.86K shares per day over the past three months and 1225980 shares per day over the past ten days. A total of 119.60M shares are outstanding, with a floating share count of 75.14M. Insiders hold about 37.18% of the company’s shares, while institutions hold 56.89% stake in the company. Shares short for IVVD as of 1730332800 were 8272000 with a Short Ratio of 5.14, compared to 1727654400 on 6810779. Therefore, it implies a Short% of Shares Outstanding of 8272000 and a Short% of Float of 10.5.
