Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Innoviz Technologies Ltd (NASDAQ: INVZ) was $0.66 for the day, down -1.66% from the previous closing price of $0.67. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 2.98 million shares were traded. INVZ stock price reached its highest trading level at $0.6759 during the session, while it also had its lowest trading level at $0.6301.
Ratios:
Our analysis of INVZ’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 131096064 and an Enterprise Value of 92742032. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.40 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 3.822 whereas that against EBITDA is -0.98.
Stock Price History:
The Beta on a monthly basis for INVZ is 0.84, which has changed by -0.5517007 over the last 52 weeks, in comparison to a change of 0.06429911 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 -37.39%, while the 200-Day Moving Average is calculated to be -27.75%.
Shares Statistics:
INVZ traded an average of 10.85M shares per day over the past three months and 3273740 shares per day over the past ten days. 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 30.71% stake in the company. Shares short for INVZ as of 1741910400 were 24017119 with a Short Ratio of 2.21, compared to 1739491200 on 15009041. Therefore, it implies a Short% of Shares Outstanding of 24017119 and a Short% of Float of 12.33.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
