Innoviz Technologies Ltd (NASDAQ: INVZ) closed the day trading at $1.46 down -9.88% from the previous closing price of $1.62. In other words, the price has decreased by -$0.1600 from its previous closing price. On the day, 4762865 shares were traded. INVZ stock price reached its highest trading level at $1.6100 during the session, while it also had its lowest trading level at $1.4301.
Ratios:
For a better understanding of INVZ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.35 and its Current Ratio is at 5.51. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rosenblatt on October 25, 2022, initiated with a Neutral rating and assigned the stock a target price of $5.
On September 20, 2022, JP Morgan started tracking the stock assigning a Overweight rating and target price of $22.JP Morgan initiated its Overweight rating on September 20, 2022, with a $22 target price.
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 240.74M and an Enterprise Value of 115.92M. For the stock, the TTM Price-to-Sale (P/S) ratio is 31.93 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 15.38 whereas that against EBITDA is -0.89.
Stock Price History:
Over the past 52 weeks, INVZ has reached a high of $4.84, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is 2.0382, while the 200-Day Moving Average is calculated to be 2.3039.
Shares Statistics:
Over the past 3-months, INVZ traded about 4.76M shares per day on average, while over the past 10 days, INVZ traded about 2.52M shares per day. A total of 164.89M shares are outstanding, with a floating share count of 157.66M. Insiders hold about 4.38% of the company’s shares, while institutions hold 41.86% stake in the company. Shares short for INVZ as of Jan 31, 2024 were 13.8M with a Short Ratio of 2.90, compared to 14.36M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 8.37% and a Short% of Float of 9.14%.
