Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $0.85 in the prior trading day, Innoviz Technologies Ltd (NASDAQ: INVZ) closed at $0.79, down -7.56%. In other words, the price has decreased by -$7.56 from its previous closing price. On the day, 20.85 million shares were traded.
Ratios:
Our goal is to gain a better understanding of INVZ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.59 and its Current Ratio is at 3.64. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.72 while its Price-to-Book (P/B) ratio in mrq is 0.85.
Stock Price History:
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 -44.43%, while the 200-Day Moving Average is calculated to be -17.96%.
Shares Statistics:
A total of 198.17M shares are outstanding, with a floating share count of 198.17M. Insiders hold about 0.00% of the company’s shares, while institutions hold 30.85% stake in the company.
