Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Innoviz Technologies Ltd (NASDAQ: INVZ) was $1.44 for the day, down -4.00% from the previous closing price of $1.5. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 5.7 million shares were traded. INVZ stock price reached its highest trading level at $1.5 during the session, while it also had its lowest trading level at $1.39.
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 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:
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 286505280 and an Enterprise Value of 247179632. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.28 while its Price-to-Book (P/B) ratio in mrq is 3.09. Its current Enterprise Value per Revenue stands at 7.144 whereas that against EBITDA is -3.217.
Stock Price History:
The Beta on a monthly basis for INVZ is 1.19, which has changed by 0.5157895 over the last 52 weeks, in comparison to a change of 0.12677538 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 44.99%, while the 200-Day Moving Average is calculated to be 52.29%.
Shares Statistics:
INVZ traded an average of 5.04M shares per day over the past three months and 10420440 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 28.73% stake in the company. Shares short for INVZ as of 1749772800 were 22729112 with a Short Ratio of 4.51, compared to 1747267200 on 22570164. Therefore, it implies a Short% of Shares Outstanding of 22729112 and a Short% of Float of 11.66.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
